Retirement Interest Only (RIO) POA Mortgage - Fixed
Initial rate
3.17% (fixed)
Then reverting to our SVR
5.79%
Product period
29.02.2028
Arrangement fee
£999
LTV rate
50.00%
APRC
5.50% APRC
Our retirement mortgage range allows flexibility for retired borrowers in later life.
Our retirement interest-only (RIO) mortgage is only available to retired borrowers on an interest only basis, with the loan being repaid by sale of the property on a set life event. They are for an open ended term.
N.B. The POA product requires a Power Of Attorney to be in place for contact reasons.
*Overpayments of up to 20% per annum are allowed without penalty.
PLEASE READ THE GUIDANCE NOTES BEFORE SUBMITTING A CASE
In addition, please print off a copy of our Supplementary Sheet for your customer.
3.17% (fixed)
5.79%
29.02.2028
£999
50.00%
5.50% APRC
3.37% (fixed)
5.79%
29.02.2028
£999
50.00%
5.50% APRC
3.29% (variable)
5.79%
31.07.2025
£499
50.00%
5.50% APRC
3.59% (variable)
5.79%
31.07.2025
£499
50.00%
5.60% APRC