Retirement Home Finance Options



Equity Release and Lifetime Mortgages

Home finance without monthly payments – Lifetime mortgages

If you can’t afford or don’t want to make a monthly payment you should consider a lifetime mortgage or equity release.


Pensioner Products Where You Make a Monthly Payment

Interest Only Lifetime Mortgages

These are fixed-rate products that last the rest of your life and you make a monthly payment just for the interest.

Retirement Mortgages

These products are where you pay the interest and some of the principal in the monthly repayments.

Interest Only Retirement Mortgages (RIO)

These are like interest-only mortgages you may have had earlier in your life back in say 2004.  A retirement interest only mortgage can be ideal for many pensioners.




Interest Only Mortgages For Over 70s

There are some great Mortgages For Over 70s from Natwest Bank in 2023