Your mortgage is an ‘interest roll-up’ mortgage. This means the interest is added to your outstanding balance each month and you don’t need to make any monthly payments to pay it back. You can find out what the interest rate is on your lifetime mortgage by checking your original mortgage offer or by calling us on 0330 159 7152. Phone lines are open between 8:30am and 6:00pm Monday to Friday.
How do you calculate the interest on my lifetime mortgage?
Category:
Lifetime mortgages