Retirement Interest Only (RIO) Enhanced Terms Where Lasting Power of Attorney (LPA) Exists?

Our standard acceptability

No

Criteria definition:

This criteria indicates if we offer Retirement Interest Only (RIO) mortgages and if so if we can offer enhanced terms (better interest rate, etc) if a 'Lasting Power of Attorney' is in place before completion of the proposed mortgage.

Policy Notes:

Society will not accept a Lasting Power of Attorney.

Criteria categories:
  • general
  • Product

Last updated:

07 November 2018