Retirement Interest Only (RIO) Offered?

Our standard acceptability

Yes

Criteria definition:

Indicates if we offer 'Retirement Interest Only' mortgages. RIO mortgages are specifically mortgages that can be taken on an interest-only basis with an open-ended mortgage term where the repayment vehicle is typically sale of property on the occurrence of one or more of the specified life events such as the death of either or both borrowers.

Policy Notes:

Family Building Society offers Retirement Interest Only (RIO) mortgages.

Criteria categories:
  • general
  • Policy

Last updated:

29 August 2018