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Draw Down
Serviced Borrowing
Serviced Borrowing
RIO's
Roll-Up
Serviced Borrowing
These days, there are many different types of Lifetime and retirement mortgages available, including those where the interest on the loan is fully serviced on a monthly basis, but where at some future point, for example at age 80, the mortgage could be converted into a 'roll-up' mortgage.
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:
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