We’ve developed a number of illustrative case studies to help highlight where a Retirement Interest Only Mortgage might be a potential solution for your clients and the risks that should be considered when taking out a loan that is secured against the home.
Chris and Pauline are approaching the end of their interest-only mortgage and need to find a solution to clear the remaining balance. Find out how a RIO could help them do this.
Jenny is equity rich but cash poor. Find out how a RIO could help improve her lifestyle in retirement.
Julian and Sarah want to help their children get on the property ladder. Find out how a RIO could help them do that.
Barry and Fiona need extra money carry out significant renovations to their home. Find out how a RIO could help them.