Retirement interest-only mortgage: What happens when the property is sold?
A retirement interest-only mortgage will run for a customer’s life – but what happens when they die or move into ...
Tag: later life mortgage
Retirement interest-only mortgage or equity release: Which is best?
July 2023: Mark Gregory of Equity Release Supermarket is back to answer your equity release questions. This month he talks ...
Options for older mortgage borrowers facing cost-of-living squeeze
Many mortgage customers aged 55 and over face additional complications from the cost-of-living crisis as rising prices coincide with looming ...
Cost-of-living crisis: A third of over-55s face mortgage repayment struggles
Nearly a third of borrowers aged over 55 fear the cost-of-living crisis will hinder their ability to repay their mortgage, ...
How equity release could secure your ‘forever home’ dreams
With the stamp duty holiday helping to inflate already buoyant house prices now could be a great time to tap ...
Interest-only mortgage options for over 55s on the rise
Retirement interest-only (RIO) mortgages have become cheaper are more widely available, according to the latest analysis of ‘later life’ lending ...
RIOs: The lowdown on retirement interest-only mortgages
Interest-only mortgages for retired borrowers – also known as RIOs – are one of the options in a rapidly-growing market ...
House price rises boost equity release potential for over-55s
House price increases across the UK mean there is now £382 billion worth of equity available in older homeowner’s properties, ...
Leeds to launch 15-year fixed-rate mortgage for older borrowers
A 15-year fixed rate mortgage aimed at borrowers in later life is about to be launched by Leeds Building Society.
Property a vital part of later life finances for half of homeowners
Nearly half of homeowners aged over 45 see taking out a mortgage or loan to access their property wealth as ...
Polls
Loading ...