Mortgage Over 70

Mortgage Over 70

Mortgage Over 70 - A mortgage over 70 is intended for anyone in retirement seeking a mortgage over 70 years of age. Based on your pension income, we can offer you a range of mortgages for people to suit your circumstances and financial need. You may be looking to remortgage away from your current lender to find a more competitive deal or raising capital for house repairs or improvements. You may even by looking to combine all of your debts into one single monthly payment.

Though credit available for mortgages has been restricted over recent years, our comprehensive panel mortgage brokers, skilled in finding mortgages for over 70 year olds, can find you the most competitive rates on the market and will regularly review your case in search of a more economical deal. Having assessed your needs and criteria, we will be able to tell you which lenders will be likely to accept your case, based on your income, financials need and how you would like to repay your mortgage.

Whether you want to pay off both the interest and capital of your mortgage each month or simply just the interest, our experienced team of brokers can talk you through the range of repayment options, to suit your personal requirements. Those over 70 should note that if opting for an interest only or ISA mortgage, monthly repayments will be less than a conventional mortgage but the mortgage amount will have to be paid down in whole at the end of the term and any shortfall between ISA or pension and mortgage value will have to be met by them.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.

If you are looking for a mortgage over 70, call one of our advisory team who will be happy to assist you.

How to get in touch

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Selected Mortgages For Aged 60 to 90

A selection of some of our lenders mortgage products and rates are shown below. Contact us for a quote specific to your circumstances. Table data updated 04/04/2016.

CodeIntial
Rate
Mortgage
Type
For /
Unit
Subsequent
Rate
APRCCEarly
Repayment
Charge
Fixed Lender
Fees
% Lender
Fees
Notes

001

*SEMI EXCLUSIVE*

2.64% Discount Variable 3 Years 4.79% 4.41% 3% withinh first year. £945 None

Maximum age 94 (subject to age at application)

Repayment Only

Maximum 80% LTV

 

002

 

1.69% Discount Variable 30/06/2018 5.95% 5.28% 1% until 30/06/2018 £199 None

Maximum age 85

Free Standard Valuation

Repayment only

Remortgages and Purchases

Maximum LTV 80%

 

 

003

 

 

2.99% Fixed 31/08/2020 5.95% 5.07% 3% until 31/08/2020 £999 None

Maximum age 85

Free Standard Valuation

Repayment

Remortgages and Purchases

Maximum LTV 80%

004

*EXCLUSIVE*

2.99% Discount 5 years 5.49% 4.86% 2.5% in year 1 then 2% in year 2. Then 1.5% in 3rd year... £0 None

No max Age

Interest Only

Remortgages and Purchases

Maximum 80% LTV