then changing to our SVR minus 1.00%
The overall cost for comparison is
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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.