Here is the latest update from Beverley Building Society. Their latest products are viewable here and all accessible via the Brilliant Solutions mortgage club. Contact us for more information.
RIO designed for real life
Unlock greater freedom in later life with our RIO Lifetime Discount rate. With no Early Repayment Charges, a reduced rate and freedom to choose when to repay, this type of flexibility is designed for real life.
We assess affordability on a joint‑life basis, giving couples more opportunity.
We use existing and projected pension income. We’ll also consider income from properties and investments.
Key criteria:
- Minimumeligible age: 55
- Maximum 60% LTV
- Minimum property value: £125,000
All applications are subject to underwriting, affordability and valuation.