Retirement interest only mortgages
Interest only mortgages for retired people
Up until recent years, mortgages for older borrowers were either standard mortgages or lifetime mortgages (also known as equity release). That was until the Retirement Interest Only mortgages (or RIO mortgages for short) were designed to sit somewhere between the two.
However, retirement interest only mortgages aren’t suitable for everyone. You should carefully consider all of your options before proceeding to make sure you get the right result.
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​Please Note: Henden Financial Limited refers to carefully selected preferred partners for Life Time Mortgage services and takes a referral fee.
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