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Retirement mortgages

Our retirement mortgage range allows flexibility for borrowers in later life.

Our retirement interest-only (RIO) mortgage allows you to downsize and use the sale of the property to pay off the remaining loan.

For those looking to borrow into retirement, we understand there is a lot to consider. The Building Societies Association have produced a helpful guide for older borrowers providing information on the types of options available and things to consider.


Lending Into Retirement Downsizing [Interest Only]

Initial rate

2.69% (variable)

Product period

Three Years

then changing to our SVR minus 1.00%


Deposit required


The overall cost for comparison is

3.90% APRC

Arrangement fee


Your home may be repossessed if you do not keep up payments on your mortgage