Retirement Interest Only mortgages

With a Retirement Interest Only mortgage (RIO) from The Nottingham you may be able to:

  • Make the most of retirement 
  • Make improvements to your home 
  • Remortgage from a standard Interest Only mortgage 

The mortgage has no set end date, and you can repay the mortgage from the sale of your home. You are responsible for meeting the monthly interest only payments during the term of the mortgage. 

You may be eligible for a RIO mortgage if you are:

  • Aged 55 or older 
  • Borrowing up to 40% of the value of your home 
  • Can afford the payments both now and in the future 
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Talk to our expert mortgage advisers today

We'll take the stress away by managing the whole process to make sure your mortgage completes on time. 

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