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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 ...

  • Aug 29, 2023
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RIO market fails to meet FCA target with just over 3,000 sold in 2022

Some 3,156 retirement interest-only (RIO) mortgages were sold in 2022, falling significant...

  • Jun 16, 2023
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Regulator ‘must do more’ on equity release advice qualifications ‒ analysis

Brokers have urged the regulators to look again at the rules around qualifications for adv...

  • Jan 24, 2023
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Fewer borrowers use RIOs for debt and home improvements – Hodge

The reasons for taking out a retirement interest-only (RIO) mortgage have shifted over the...

  • Sep 06, 2022
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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...

  • Mar 08, 2022
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Paradigm adds Saffron for Intermediaries to lender panel

Paradigm Mortgage Services has added Saffron for Intermediaries to its lender panel, allow...

  • Jun 22, 2021
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RIOs in their current form will remain a niche offering – Marketwatch

The retirement interest-only (RIO) mortgage has been criticised for failing to be as succe...

  • Jan 13, 2021
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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...

  • Jan 06, 2020
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Leeds BS offers RIO cashback and fee-free deals

Leeds Building Society has offered the first Retirement Interest Only (RIO) mortgage with ...

  • Dec 02, 2019
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