Introducing interest servicing on our Heritage lifetime mortgages (excluding Heritage Freedom).
Customers can make monthly payments of at least 25% of the monthly interest and benefit from an interest rate discount of up to 1% depending on the Heritage lifetime mortgage chosen. Customers can take a payment holiday of up to three monthly payments in every 12-month period, and have the option to stop making monthly payments at any time.
Our Heritage range boasts some of the widest-ranging LTVs on the market, with Heritage Special 3 offering up to 40% LTV at age 70, and 50.5% at age 80. Benefit from no upfront or arrangement fees, and up to 6 ERC-free optional partial repayments per year.
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