Age Limits: Retirement Interest Only (RIO) Maximum Age at Term End

Our standard acceptability

No Maximum

Criteria definition:

This criteria indicates if we offer Retirement Interest Only (RIO) mortgages and if so, do we have a maximum age at the end of the term requirement. Mortgage lenders are not required to set a fixed term for the mortgage and so the repayment date can be when the borrower dies or goes into care, as with Lifetime Mortgages. 

Policy Notes:

Our normal maximum age is 95 years however on RIO mortgages there is no maximum age at end of term

Criteria categories:
  • Age Limits
  • Applicant

Last updated:

29 August 2018

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