Maximum Loan to Value (LTV) for Retirement Interest Only (RIO): Remortgage Balance Swap

Our standard acceptability


Criteria definition:

This criteria indicates if we offer Retirement Interest Only (RIO) mortgages and if so what is the maximum loan to value (LTV) for Retirement Interest Only (RIO) remortgage applications where there is no element of capital raising and it is a simple balance swap.

Policy Notes:

The maximum LTV is 50%.

Criteria categories:
  • Loan Size Limits
  • Product

Last updated:

29 August 2018