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
Upcoming Web Maintenance
We will be completing required maintenance on our website between 06:00 and 08:55 on Wednesday 29th June. During this period, our Online Mortgage Portal will be unavailable. We apologise for any inconvenience that this may cause.
We are extremely busy processing your applications and we would ask that you refer to the Portal for any updates, please only call if you have checked the Portal and you still require assistance. Thank you for your patience.
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