RIO Mortgages: Saffron Building Society

The Saffron Building Society developed its later life product capability throughout 2019, launching RIO mortgages and the interest-only downsizing mortgage, which followed the removal of the maximum age from its entire product range.

Early in 2020 the mutual partnered with independent equity release advisers, the Equity Release Experts, who will search the whole market to find the best plan for the borrower’s circumstances.

In addition, it offers independent financial advice, estate and funeral planning as third party services to assist with later life financial planning.

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