More retirement interest-only mortgages (RIOs) are available than ever, giving older homeowners a new way to borrow. But should you get one?
Older borrowers will have more options for funding their retirement as Nationwide has announced a new later-life lending range. Nationwide is the first big player to join the growing number...
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.
Over half of lenders offering equity release deals through lifetime mortgages have increased rates making it more expensive for homeowners trying to unlock cash. Which? looks at the alternatives.