An example case of Santander Retirement Interest-Only Mortgages for people over 60
Property valuation: £204,000
The amount borrowed: £112,200
Monthly payment: £243.10
Interest rate: 5.15% APR fixed for life
Valuation fee: Free
Loan to value: 55%
Payment holidays: Up to 3 in any 12 months
Early repayment penalty: None
Can you buy a new home with a Santander retirement interest-only mortgage?
Yes, you can move home and buy a new house with a Santander retirement mortgage.
Does Santander do Lifetime Mortgages?
Yes, Santander does lifetime mortgages at 5.01% APR. Santander Lifetime Mortgages have a loan-to-value (ltv) of 60%.
Does Santander offer Retirement Mortgages?
Yes, Santander Retirement Mortgages are 5.25% APRC.
Does Santander offer Pensioner Mortgages?
Yes, Santander Pensioner Mortgages are 5.27% MER.
Does Santander offer Equity Release?
Yes, Santander Equity Release is 5.14% APR.
What are the current Santander interest rates for retirement interest-only mortgages?
Santander’s interest rates for retirement interest-only mortgages are 5.99% APRC.
Does Santander have positive reviews for retirement interest-only mortgages?
Yes, Santander reviews are superb for retirement interest-only mortgages.
Does the Santander retirement interest-only mortgages calculator show the loan-to-value (ltv)?
Yes, the Santander Retirement Interest-Only Mortgages calculator shows the positive loan-to-value (ltv) of 70%.
Does a Santander retirement interest-only mortgage advisor charge a substantial fee?
No, Santander Retirement Interest-Only Mortgages advisors are free.
The UK’s Best Equity Release Companies
Popular loan-to-values of More to Life interest-only retirement mortgages for over 70s, HSBC mortgages for people over 50, Natwest mortgages for over 60s, L&G over 60 lifetime mortgages no fees, Royal Bank of Scotland lifetime mortgages for people over 55, and Nationwide Building Society mortgages over 70s are 45%, 60% and 65%.
The UK’s Best Equity Release Companies
Santander UK
Some of the most common retirement mortgage products include Scottish Widows lifetime mortgages, HSBC lifetime mortgages, NatWest mortgages over 70s, L&G over-60 mortgages, and Nationwide equity release schemes.
Equity Release Under 55
Santander Equity Release
Santander Interest-Only Lifetime Mortgage
Santander Interest-Only Lifetime Mortgage
Santander Mortgage Calculator: How Much Can I Borrow
Santander Mortgage Calculator: How Much Can I Borrow
RIO Interest Rates Table
| Lender | Rate of Interest |
|---|---|
| HSBC | 5.76% |
| Barclays | 5.11% |
| Lloyds | 5.52% |
| NatWest | 5.03% |
| Nationwide | 5.03% |
Implications of each product, you can make informed decisions that align with your financial goals and ensure a secure and stable future.
Mortgages For Pensioners Over 70
Mortgages For Pensioners Over 70
Interest Only Mortgages For Over 65s
Interest Only Mortgages For Over 65s
Later Life Mortgages
Santander Lifetime Mortgages Over 55
Santander Lifetime Mortgages Over 55
Mortgages For 50-Year-Olds
Interest Rates Table updated for 2026 products
| Lender | Rate of Interest |
|---|---|
| HSBC | 5.76% |
| Barclays | 5.12% |
| Lloyds | 5.53% |
| NatWest | 5.04% |
| RBS | 5.56% |
55+ Mortgage
Mortgages For Over 60s
Mortgages For the Elderly
Santander Mortgages For Over 50-Year-Olds
Santander Mortgages For Over 50-Year-Olds
Interest Rates Table From Santander
| Lender | Rate of Interest |
|---|---|
| HSBC | 5.76% |
| Barclays | 5.17% |
| Lloyds | 5.58% |
| NatWest | 5.09% |
| RBS | 5.52% |
e implications of each product, you can make informed decisions that align with your financial goals and ensure a secure and stable future.
Mortgage Over 60
Pensioner Interest Rates Table
| Lender | Rate of Interest |
|---|---|
| HSBC | 5.75% |
| Barclays | 5.11% |
| Lloyds | 5.52% |
| NatWest | 5.03% |
| RBS | 5.03% |
Santander Mortgages For Over 65s
Santander Mortgages For Over 65s
Pension income Interest Rates Table
| Lender | Rate of Interest |
|---|---|
| HSBC | 5.76% |
| Barclays | 5.11% |
| Lloyds | 5.52% |
| NatWest | 5.03% |
| RBS | 5.03% |
Santander Mortgages For People Over 70
Popular loan-to-values of LV= over 60 lifetime mortgages, More2Life mortgages for 60 plus, One Family pensioner mortgages over 55, Yorkshire Bank interest-only lifetime mortgages for over 60s, Principality Building Society mortgages for over 70s, and SunLife retirement mortgages over 70 are 35%, 55%, and 65%.
Santander Mortgages For People Over 70
Santander Over 60 Mortgages
Some of the most common loan-to-value ratios of Aviva later life interest-only mortgages over 75, Zurich lifetime mortgages for over 60s, Leeds Building Society later life interest-only mortgages over 75, Principality Building Society interest-only retirement mortgages for over 70s, Newcastle Building Society retirement interest-only mortgages over 60 and Progressive Building Society later life interest-only mortgages over 70 are 50%, 55% and 70%.
Santander Pensioner Mortgages
Difficult-to-finance property variants include properties where proposed building works have not yet commenced, age-restricted properties, leasehold properties where the lease length is currently unacceptable, leasehold properties (except flats and maisonettes) and properties with single-skin brickwork.
Retirement Interest-Only Mortgages
Difficult-to-mortgage property types include Timber-framed properties constructed post-1965, properties with pre-1945 asbestos or similar composition roof tiles, large concrete panel systems, former local authority flats, and privately developed flats in blocks of three or four storeys without a lift.
Retirement Interest-Only Mortgages
Santander Retirement Mortgages
Tough-to-finance property titles include properties with land in addition to the domestic grounds up to a maximum property size of five acres, where the land is for regular domestic use, properties with room(s) or outbuilding(s) used for a small amount of personal commercial use, agricultural use of the land and any outbuildings, properties that are being used for personal commercial use, and properties where Japanese Knotweed is present.
Santander Retirement Mortgages
Santander Retirement Interest-Only Mortgages Twitter
Challenging to finance property variants can include properties will be assessed for flood risk, ground rent where the lease or any deed varying the lease provides for a ground rent exceeding, or where the escalating provisions would result in the ground rent exceeding £250 per annum (or £1000 per annum where the property is in Greater London), properties of non-standard construction, mundic homes and Airey, Boot, Cornish Unit, Dorran, Dyke, Gregory, Hamish Cross, Myton, Newland, Orlit and Parkinson Frame.
Santander Retirement Interest-Only Mortgages Twitter
Can you get an interest-only mortgage if you are retired?
Yes, getting an RIO mortgage is easy if you are over 60.
Can a 70-year-old get an interest-only mortgage?
Yes, a person over 70 can quickly get an interest-only mortgage.
What is the max LTV for retirement interest-only mortgages?
The maximum loan-to-value is 75% for RIO mortgages
What is a retirement interest-only mortgage?
The best retirement interest-only mortgages have low monthly interest payments, no broker fees and a free valuation.
How do RIO mortgages work?
You prepare your paperwork to prove your personal income, have your home valued, and submit your application. If it’s successful, the lender releases the money to your bank.
What is a Retirement Interest-Only Mortgage?
It is very similar to a standard interest-only mortgage tailored to older people with income.
How Does A Retirement Interest-Only Mortgage Work?
You use a retirement interest-only mortgage calculator to work out how much you can borrow against your home.
How Flexible Is a Retirement Interest-Only Mortgage?
The best retirement interest-only mortgage rates sometimes carry redemption penalties, but many lenders offer none for RIO mortgages.
Should I Choose a Retirement Interest-Only (RIO) Mortgage?
Yes, if they fit your circumstances and maybe you have another mortgage, you must pay off.