Tag Result: retirement interest-only mortgage
New later life lending loans fall by more than a third in Q2 – UK Finance
Around 304,400 new loans were advanced to older borrowers in Q2 this year, a fall of 38.5 ...
RIO customers using funds as family gifts halved in 2023
The proportion of retirement interest-only (RIO) mortgages harnessed for family financial ...
Just four per cent of over-50s believe they can access a mortgage – Livemore
Just four per cent of people over 50 believe they are able to take out a new mortgage, a s...
Regulators must look at LTI rules as well as stress tests ‒ LiveMore
Later life lending specialist LiveMore has called for the Bank of England to reconsider th...
RIO mortgage popularity edges up in 2021 – UK Finance
There was an uptick in borrowers opting for a retirement interest-only (RIO) mortgage over...
LiveMore adds purchase RIO to range
Specialist lender LiveMore has responded to the recent surge in homebuying by adding a pur...
Homeowners can pay £10,000 more for equity release than RIO loans
Older homeowners who choose equity release to unlock the cash from their property could fi...
Leeds BS offers RIO cashback and fee-free deals
Leeds Building Society has offered the first Retirement Interest Only (RIO) mortgage with ...
Fewer than 700 RIO mortgages given green light
Mortgage lenders have completed just 660 retirement interest-only mortgages since the new-...
Newbury Building Society launches retirement interest-only mortgage
Newbury Building Society has launched a retirement interest-only (RIO) mortgage.