Nationwide's retirement interest-only mortgages (RIOs) are now available to borrowers who are not already customers. But do they have the best rates?
Many interest-only mortgage customers might not be able to afford RIO mortgage deals due to lack of pension savings.
The number of interest-only mortgage products available has nearly doubled in the past six years. But approvals are down. Which? explores how you can get one.
Thousands of interest-only mortgage customers will struggle to pay their off their loans at the end of their terms. Which? explains the alternatives.
Which? explores why UK homeowners are carrying mortgage debt into retirement and whether retirement interest-only mortgages ('RIOs') or equity release can help.
Around three million people expect to be paying off their mortgage into retirement. Which? explores the options, from retirement interest-only mortgages to equity release.