Application process

We've outlined below the steps you take when you're ready to apply for your client's application with us for a Retirement Interest Only Mortgage.


  1. 1

    Decision in Principle (DIP)

    When your client is considering a RIO you'll submit their details to us for a DIP. An affordability assessment will be completed at this stage as well as a soft credit search.

  2. 2

    Mortgage illustration

    The mortgage illustration (ESIS) will show the product that is being recommended for the applicant/applicants’. An ESIS will also describe the risks and benefits, amount of money they could borrow, costs and estimated value of the property.

  3. 3

    Application Submission

    Application for the mortgage is submitted. The applicant’s document proofs will be checked specifically with regards to income and expenditure.