Why RIOs ‘will not rescue’ most interest-only borrowers
Borrowers with an interest-only mortgage who are thinking of taking out a RIO are being warned they could face disappointment ...
Tag: Retirement Interest Only Mortgages (RIO)
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 ...
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.
Is an interest-only mortgage right for you?
In his latest feature for What Mortgage, Greg Cunnington, director of lender relationships and new homes at Alexander Hall, talks ...
Later life borrowing: Navigating options and securing the right advice
Increasing numbers of people are repaying mortgages in later life and lenders are responding with a range of innovative products ...
‘Lack of appetite’ for interest-only mortgages despite ample supply
Increasing numbers of lenders are offering interest-only mortgages but fewer borrowers are signing up to them, new research has revealed.
Interest-only mortgage options expanding for older borrowers
Mortgages which allow older borrowers to take out a home loan and make interest-only repayments until they die or go ...
Mortgages in retirement: Which product is best for you?
A mortgage lender has attempted to unravel some of the complexities surrounding new Retirement Interest-Only (RIO) mortgages to help potential ...
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