Retirement Interest Only Mortgages

Simple, flexible mortgage options designed for later‑life clients who want to stay in their home.

 


Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £199.

 

 

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Retirement Interest Only mortgages are a relatively new product to the mortgage industry. They were introduced by the Financial Conduct Authority to help people who have an Interest Only mortgage that has come to an end but don’t have the capital to repay the original loan. If you want to live in the property and it’s affordable, you can refinance under this product structure and continue paying interest for the lifetime of the mortgage.

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We provide professional advice and support to help you understand your mortgage options and make informed decisions every step of the way.

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The loan has no end date and is repaid when the mortgage holder moves into care or dies.

Retirement Interest Only mortgages are of particular interest to those who do not want an Equity Release mortgage where the interest costs roll up.

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hojjat a

Very supportive and professional, no hidden charges, fair price, and on time responsibility. I would recommend it to everyone. they have done a very good job for me. I was almost disappointed to get a mortgage in the Covid-19 circumstances before finding them. Gus helped me out and got a mortgage offer for me just in a few days.

Ben T

Paul was very helpful and encouraging throughout the process. Will definitely use in the future again and would highly recommend.

Bobbi

Great service from Paul. Very informative and professional. Would highly recommend!

Irina P

I’ve had a great experience in the past with this company. I recently needed their help again with getting a new mortgage and Jack was incredibly helpful, always available and prompt with his answers. He managed to help me get a mortgage for my budget in a very short amount of time. Can’t recommend them enough 

James B

Been an absolute pleasure to deal with, my advisor Jack has been nothing but helpful and diligent and has made the whole process simple and efficient! Definitely recommend for anyone, especially first time buyers as its all quite daunting!

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