Age Limits: Retirement Interest Only (RIO) Minimum Age at Application

Our standard acceptability

55

Criteria definition:

This criteria indicates if we offer Retirement Interest Only (RIO) mortgages and if so, do we have a minimum age requirement.

Policy Notes:

For the variable discounted rate for term products and the fixed rate for 5 years the youngest borrower must be aged 55 or over at the time of application.

Warning Notes:

For the fixed rate for term product the youngest borrower must be aged 70 or over at the time of application.

Criteria categories:
  • Age Limits
  • Applicant

Last updated:

29 August 2018

Check affordability Contact your BDM DIP or Illustration Request