Retirement Mortgages and Retirement Interest-Only Mortgages

Retirement mortgages and Retirement Interest Only, or ‘RIO’, mortgages are products specially designed for those aged 55 or over who may not qualify for standard mortgage products, or prefer not to be tied to a final date for paying back their mortgage.

Just like standard mortgages, retirement mortgages are secured against your main residence. These mortgages do require your income to be assessed, but your income can be made up of employed or self-employed income, pensions and investment income. You will be required to make monthly payments throughout the duration of the mortgage.

Some retirement mortgages have a fixed term, with some providers offering terms up to age 99. Others have no end date and will be repaid when the property is sold.

Speak to our Later Life experts about whether a Retirement Mortgage would be right for you.

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Call 02072682580 or submit your details below and we will contact you.

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Disclaimer

Mortgage Advice. The choice of interest rate and product terms will depend on your circumstances and the amount of the mortgage. Before you make a mortgage application, we will carry out a full review to establish your needs and preferences and if you meet the criteria, we will give advice and make a recommendation to you. We do charge a fee for mortgage advice. All mortgages are subject to status. Please note that all products show an indicative rate only and may not be suitable for you. You must be 18 or over.

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Your home may be repossessed if you do not keep up with mortgage payments.

Knight Frank Finance LLP is a limited liability partnership registered in England and Wales with registered number OC322399. The principal office of Knight Frank Finance LLP is situated at 55 Baker Street, London W1U 8AN. Knight Frank Finance LLP is authorised and regulated by the Financial Conduct Authority under Financial Services Register number 459093.