by Mike Jones | Sep 13, 2024 | Equity Release, Later Life Lending
Retirement Interest-Only (RIO) mortgages are becoming an increasingly popular solution for older borrowers looking for flexible, manageable financial options in later life. With a RIO mortgage, you only pay the interest on the loan each month, and the full loan amount... by Mike Jones | Sep 1, 2024 | Later Life Lending
Releasing equity through a lifetime mortgage is a journey that requires thoughtful consideration and careful planning. By following these steps, you can approach the process with confidence, knowing that you’re making an informed decision that aligns with your... by Mike Jones | Jul 13, 2024 | Later Life Lending
As individuals approach retirement age, the financial landscape can change significantly. For many over 50, securing a mortgage to buy a property can seem like a daunting task, especially when considering the transition from employment income to pension income.... by Mike Jones | Jun 26, 2024 | Later Life Lending
Interest-only homeowner mortgages fell by 5.4% to 664,000 last year compared to 12 months before, the latest data from UK Finance reveals. Interest Only mortgages are declining in numbers year on year. This means that borrowers who may have historically taken an... by Mike Jones | May 30, 2024 | Later Life Lending
Repaying an interest-only mortgage can be a daunting task, especially if you’re over 50 years old and facing limited options. Many people in this situation may find themselves unsure of what steps to take next. Here, we’ll explore some of the options...