{"id":88297,"date":"2026-04-26T09:48:44","date_gmt":"2026-04-26T09:48:44","guid":{"rendered":"https:\/\/positivelysharing.org\/blog\/?p=88297"},"modified":"2026-04-26T09:48:44","modified_gmt":"2026-04-26T09:48:44","slug":"why-ive-taken-out-a-650-a-month-mortgage-in-my-60s-for-a-second-home","status":"publish","type":"post","link":"https:\/\/positivelysharing.org\/blog\/2026\/04\/26\/why-ive-taken-out-a-650-a-month-mortgage-in-my-60s-for-a-second-home\/","title":{"rendered":"Why I\u2019ve taken out a \u00a3650-a-month mortgage in my 60s for a second home"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/img-s-msn-com.akamaized.net\/tenant\/amp\/entityid\/AA21G6Hk.img?w=534&amp;h=624&amp;m=6&amp;x=300&amp;y=248&amp;s=327&amp;d=327\" alt=\"Rather than downsizing, Wendy Norman's decision to take out an RIO mortgage was guided largely by professional advice (Photo: Gail D'Almaine)\" width=\"467\" height=\"546\" \/><\/p>\n<p>Wendy Norman turned to a\u00a0<a href=\"https:\/\/www.google.com\/url?client=internal-element-cse&amp;cx=011782314020777428663:ycznkklrfq5&amp;q=https:\/\/inews.co.uk\/topic\/retirement&amp;sa=U&amp;ved=2ahUKEwjBzq-1lPKTAxU7dUEAHWU1A4EQFnoECAQQAQ&amp;usg=AOvVaw361Kr1Q20ZUA272_jWrMy6&amp;arm=e&amp;fexp=121491260,121491258\" target=\"_blank\" rel=\"noopener\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:1,&quot;c.t&quot;:7}\">retirement interest-only (RIO) mortgage<\/a> in her 60s when she needed to move house.<a href=\"https:\/\/www.msn.com\/en-gb\/money\/other\/why-i-ve-taken-out-a-650-a-month-mortgage-in-my-60s-for-a-second-home\/ar-AA21G4nA?ocid=msedgntp&amp;pc=HCTS&amp;cvid=69edd3c6ca3f4e708eb4ffd617ef36e9&amp;ei=94\"> Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>Wendy Norman turned to a\u00a0retirement interest-only (RIO) mortgage in her 60s when she needed to move house. Read More<\/p>\n","protected":false},"author":1,"featured_media":88298,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[154],"tags":[],"class_list":{"0":"post-88297","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-health"},"jetpack_featured_media_url":"https:\/\/positivelysharing.org\/blog\/wp-content\/uploads\/2026\/04\/RIO-mortgage.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/posts\/88297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/comments?post=88297"}],"version-history":[{"count":1,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/posts\/88297\/revisions"}],"predecessor-version":[{"id":88299,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/posts\/88297\/revisions\/88299"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/media\/88298"}],"wp:attachment":[{"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/media?parent=88297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/categories?post=88297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/tags?post=88297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}