Interest only: Pension Lump Sum
Our standard acceptability
Indicates if we can potentially accept interest-only lending and if so are we able to accept interest-only applications where the repayment vehicle is intended to be the proceeds from a pension lump sum.
For existing policies a copy of the latest statement, from within the last 12 months, or an illustration, from the company providing the policy, giving the final maturity value. 100% of the value can be utilised taking into account any tax implications and deductions that the pension provider may make.Criteria categories:
- interest only
29 August 2018