We offer a broad range of products
Our interest only, capital repayment and lifetime mortgage products are designed for a range of lifestyles and financial circumstances.
Find out more about the four products we offer
Standard Capital & Interest
Our capital repayment option is available aged 50-85 whether you're working or retired.
You choose the term and pay the capital each month as well as the interest, owing us nothing at the end.
Standard Interest Only
Our Standard Interest Only is available aged 50-80 whether you're working or retired.
You only need to pay the interest each month, and you choose the term length, unlike a Retirement Interest Only (RIO) mortgage, which has no specified end date.
Retirement Interest Only (RIO)
Our Retirement Interest Only (RIO) mortgage is available from age 50, whether you're working or retired.
It has no end date so you may never need another mortgage.
Lifetime Mortgage
A type of equity release where you receive your mortgage as a lump sum and don't have to make monthly payments.
You can pay some or all the interest each month if you want. If you don't, this interest is added to what you owe and compounds (or 'rolls up') over time.
A little more info about our products
| Standard Capital & Interest | Standard Interest Only | Retirement Interest Only (RIO) | Lifetime Mortgage | |
|---|---|---|---|---|
| Minimum Age | 50 | 50 | 50 | 55 |
| Minimum loan amount | £10k | £10k | £10k | £10k |
| Maximum loan amount | £1m | £1m | £1m | £750k |
| Maximum LTV | 85% | 70% | 75% | Age dependent |
| Affordability assessment? | Yes | Yes | Yes | No |
| Monthly payments required | Interest + Capital | Interest | Interest | None |
| Maximum term | 35 years | 30 years | No maximum | No maximum |