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The Cambridge brings out fixed rate RIO options

The Cambridge brings out fixed rate RIO options
Anna Sagar
Written By:
Posted:
January 29, 2026
Updated:
January 29, 2026

Cambridge Building Society has added a duo of fixed rate retirement interest-only (RIO) mortgage deals to its later life lending range.

The deals include two- and five-year fixed rates, which will be available to customers aged 55 and over.

The maximum loan size is set at £750,000, with the loan to value (LTV) coming to 55%.

The deals will be available alongside its existing variable rate RIO deals and interest-only offering up to the age of 80.

There is also no upper age limit on a repayment basis and undrawn pension pots and investment portfolios can be used to support affordability.

Kathy Bowes, intermediary manager at The Cambridge, said: “Later life lending is an increasingly important area for our members and intermediary partners, as the number of older borrowers continues to grow and demand rises for flexible mortgage solutions that support their needs.

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“Our purpose is to help people have a home, and by enhancing our RIO range, we are reinforcing our commitment to providing responsible, flexible mortgage solutions for the later life market.”

Earlier this year, the firm increased the maximum LTV on two BTL ranges.