Family Building Society
Family Building Society take a personal approach to assessing any mortgage application and each one is reviewed individually by one of their underwriters.
Family offer a range of fixed rate and discounted rate retirement interest-only (RIO) mortgage for new customers. Their range is only available to the over 65s and the society will lend up to 50% of the value of the property (the LTV). The minimum loan size is £45,000 for new customers.
Application, valuation and product fees may apply – depending upon the mortgage you choose and there are cashbacks on offer and help with legal fees if you are remortgaging.
The RIO mortgages also offers the ability to make overpayments of up to 10%pa with no penalty, as well as the standard interest only monthly payment.
We search the whole of the equity release market to find the best deals for you
Call us anytime
We understand that with different options to choose from, it can be difficult to find the right home reversion plan provider for you. That’s why our team of expert and impartial advisers are on hand to answer all your questions and find the right solution for you. It costs nothing to give us a call and the first and only person you’ll speak to is your local adviser. That’s because we don’t have call centres. Just highly qualified and experienced advisers ready to help you.