Lending In Retirement Mortgages
For those who are looking for a mortgage but have retired or have semi-retired, the Society offers the following products detailed below.
Mortgage Interest Rates (click on the mortgage product name for more information)
Residential Purchase/Remortgage | Type | Maximum Loan to Value of Property (LTV) |
Variable Interest Rate |
The overall cost for comparison is* | APRC based on a loan value of: |
---|---|---|---|---|---|
Lending in Retirement Mortgage (LIR130) |
1.05% discount off Standard variableRate (SVR) for term of loan | 60% | 3.55% | 3.70% APRC | £140,000 |
Lending in Retirement Mortgage Fee Assist (LIR130FA) |
0.70% discount off Standard variableRate (SVR) for term of loan | 60% | 3.90% | 4.00% APRC | £140,000 |
Please contact your local mortgage manager today for more information.
Alternatively, please complete the call me back page and one of our mortgage managers will contact you.