Draw Down

Serviced Borrowing



RIO's (& over 50's Mortgages)

Over 55's Residential Mortgages (and now some over 50's mortgages) are interest only mortgages available to borrowers aged 55 or over.

If you wish to repay the mortgage during your lifetime then this type allows you to specify the fixed term of the mortgage.

If you do not wish to specify a term, the Retirement Interest Only (RIO) Mortgage allows you to repay the mortgage from the sale of your property when entering into long term care or upon death.

You’ll have to pay the interest on the loan each month, and the amount you can borrow will be based on your level of income and outgoings.

If you wish to have a fixed term mortgage you can set the term over which you’ll borrow the money according to your needs and your situation.

If you are considering an Equity Release Lifetime mortgage, there are many things that you will need to consider and to understand.


For a no obligation conversation with an Equity Release Adviser:

Useful Sites & Tools

www.krdequityrelease.co.uk is a trading style of KRD Financial Advisers Ltd., registered in England & Wales no. 5595319. Registered Office at 95 Dixons Green, Dudley, West Midlands, DY2 7DJ. KRD Financial Advisers Ltd is authorised and regulated by the Financial Conduct Authority no. 456629.


The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.

All calls are recorded for training and monitoring purposes to ensure that regulatory standards are met and to evidence any business transaction that may take place.

Where you have a complaint or dispute with us, and we are unable to resolve this to your satisfaction, then we are obliged to offer you the Financial Ombudsman Service to help resolve this. Please see the following link for further details: http://financial-ombudsman.org.uk