A Retirement Interest Only 5 year fixed up to 60% LTV for remortgages and home purchases.
5.49% fixed
8.59% variable
7.9% APRC
60% including fees
None
£499
Charges will apply to any lump sum or full redemption paid over 10% of the capital balance
5% up to 28/02/2026
4% up to 28/02/2027
3% up to 29/02/2028
2% up to 28/02/2029
1% up to 28/02/2030
A mortgage loan of £192,375 payable over 40 years, initially on a fixed rate of 5.49% until 28/02/2030 and then on our Standard Variable Rate, currently 8.59%, for the remaining period would require 60 payments of £880.12 and 420 payments of £1,377.08.
The total amount payable would be £824,667.80 made up of the loan amount plus interest of (£631,180.80), a product fee of (£499),a funds transfer fee of (£25), a valuation fee of (£340), legal fees to your solicitor of (£148) and exit fee of (£100).
The overall cost for comparison is 7.9% APRC representative.
Valuation fees and solicitor fees may be payable
Other charges may be made in respect of mortgage services
See our fees guide for more details
This product accepts our standard credit criteria click here for details
Early Repayment Charges as detailed below are payable on any lump sum or full redemption repaid over 10% of the capital balance.
5% up to 28/02/2026
4% up to 28/02/2027
3% up to 29/02/2028
2% up to 28/02/2029
1% up to 28/02/2030
During the early repayment charge period lump sum overpayments up to 10% of the capital balance per annum may be made without attracting an early repayment charge. Should the total of lump sum overpayments exceed 10% within this period, the excess will attract an early repayment charge.
Once the early repayment charge period has ended overpayments can be made at any time.
If an overpayment of £500 or more is made, we will recalculate the monthly payment the following month.
You can check affordability through our calculator where we assess on affordability as an alternative to income multiples. Please note we will fully review bank statements and expenditure during the underwriting process. Click here to find out more
This mortgage is available up to 60% LTV on interest only with sale of property strategy only. Payments must be made monthly by direct debit.
The minimum age is 55 for all applicants. There is no maximum age. Cases are considered on individual circumstances.
Minimum loan size £25,000
Maximum loan size £750,000 up to 60% loan to value
The maximum term appliances.
This product is portable, meaning that if the applicant moves home they can take it with them, subject to our lending criteria at the time.
Interest is calculated daily on the balance outstanding and added to the account the following month.
A Retirement Interest Only 5 year fixed up to 60% LTV for remortgages and home purchases.
5.49% fixed
8.59% variable
7.9% APRC
60% including fees
None
£499
Charges will apply to any lump sum or full redemption paid over 10% of the capital balance
5% up to 28/02/2026
4% up to 28/02/2027
3% up to 29/02/2028
2% up to 28/02/2029
1% up to 28/02/2030
A mortgage loan of £192,375 payable over 40 years, initially on a fixed rate of 5.49% until 28/02/2030 and then on our Standard Variable Rate, currently 8.59%, for the remaining period would require 60 payments of £880.12 and 420 payments of £1,377.08.
The total amount payable would be £824,667.80 made up of the loan amount plus interest of (£631,180.80), a product fee of (£499),a funds transfer fee of (£25), a valuation fee of (£340), legal fees to your solicitor of (£148) and exit fee of (£100).
The overall cost for comparison is 7.9% APRC representative.
Valuation fees and solicitor fees may be payable
Other charges may be made in respect of mortgage services
See our fees guide for more details
This product accepts our standard credit criteria click here for details
Early Repayment Charges as detailed below are payable on any lump sum or full redemption repaid over 10% of the capital balance.
5% up to 28/02/2026
4% up to 28/02/2027
3% up to 29/02/2028
2% up to 28/02/2029
1% up to 28/02/2030
During the early repayment charge period lump sum overpayments up to 10% of the capital balance per annum may be made without attracting an early repayment charge. Should the total of lump sum overpayments exceed 10% within this period, the excess will attract an early repayment charge.
Once the early repayment charge period has ended overpayments can be made at any time.
If an overpayment of £500 or more is made, we will recalculate the monthly payment the following month.
You can check affordability through our calculator where we assess on affordability as an alternative to income multiples. Please note we will fully review bank statements and expenditure during the underwriting process. Click here to find out more
This mortgage is available up to 60% LTV on interest only with sale of property strategy only. Payments must be made monthly by direct debit.
The minimum age is 55 for all applicants. There is no maximum age. Cases are considered on individual circumstances.
Minimum loan size £25,000
Maximum loan size £750,000 up to 60% loan to value
The maximum term appliances.
This product is portable, meaning that if the applicant moves home they can take it with them, subject to our lending criteria at the time.
Interest is calculated daily on the balance outstanding and added to the account the following month.