Retirement Mortgages

TEAM
 
 
Rates are currently available from 1.65% fixed for five years (3% APRC).  
 
An interest only loan of £100,000 over a ten year term based on this interest rate would give initial payments of £137.50 per month. 
This is based on a 10 year term (with 120 monthly payments) and assuming at the end of the five years, you then went onto the lenders standard variable rate, you would pay back a total of £129,881 including the £100,000 borrowed, which would be due to be repaid at the end of the term.
The lender would charge a £999 product fee, which can be added to the loan if required.  You would have a free valuation and free solicitors for re-mortgages and would also be charged our standard broker fee of £995 payable on completion.
The actual rate would depend on your individual circumstances.
 
Please ask for your free personalised key facts illustration.
RETIREMENT MORTGAGE INTEREST RATES CURRENTLY AVAILABLE
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Your property may be repossessed if you do not keep up repayments on your mortgage.

Think carefully before securing other debts against your home. 

Berkley Vittoria Independent Financial Services is authorised and regulated by the Financial Conduct Authority.  Our FCA number is 150186.  

The FCA does not regulate most Buy to Let mortgages.  

Registered Office:  The Stirrups, Claypit Lane, Lichfield, Staffordshire, WS14 0AQ.  

Registered in England and Wales No. 2667979

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