Take a look at our RIO remortgage advice guides. Retirement Interest Only Remortgages (RIO Mortgages) can be really quite easy. The first, and probably most obvious time, is the end date of your existing mortgage deal. This is an ideal time to consider a RIO mortgage. By not considering a remortgage at the end of your current rate term, it’s likely you’ll end up on your lender’s Standard Variable Rate. Probably meaning your repayments will go up.
If you’re on a deal without a set end date, it can be a bit more difficult to know when’s a good time to remortgage. But, you can always call an adviser to discuss your options. If you want a video meeting with a Mortgage Broker you can book one at a time suited to you.
Changes in personal circumstances can signal when it’s time to look at a retirement interest only remortgage (RION Mortgage) House prices might have increased. You might have paid off enough of your mortgage to be able to move down a Loan to Value tier. Or you may want to borrow more money, for example for home improvements.
Plus you get online video advice throughout the Home Counties, likewise a mortgage adviser service via telephone, email, and live chat. The icing on the cake is, because we know you are busy, you can book your appointment anytime of the day, with availability from 8am to 8pm.
Therefore, whether you are buying your first property, moving home, remortgaging, buying to let or simply looking for some mortgage advice, we are here to help. Book an appointment and meet with a local mortgage broker.
Leave the stress of finding a mortgage behind. In short, let your local mortgage broker do the hard work for you.
Don’t spend hours surfing the internet or on hold to your bank. Free up time for family and friends, use a mortgage broker.
Make your mortgage advice appointment at a time suited to you. Pick your own appointment date and time.