Mortgages For Old Age Pensioners

Mortgages For Old Age Pensioners

Mortgages For Old Age Pensioners - Mortgages for old age pensioners are mortgages for old age pensioners seeking finance in retirement. It has been difficult in recent years for this demographic to acquire large amounts of finance because of concerns regarding the long-term serviceability of the mortgage contract and also doubts regarding pension payments in general. This is in relation to widely recognised large holes in state and private pensions. However, some national lenders are still offering mortgages for old age pensioners.

Using our comprehensive panel base, our specialist team with expertise in mortgages for old age pensioners will search a comprehensive panel of lenders for the most suitable and affordable mortgages for old age pensioners. We offer a complete service, processing your paperwork to a time frame that meets your requirements and regularly reviewing your case to ensure all clients are still getting the most out of their mortgages for old age pensioners. Based on income from pensions, investments or any other income, as well as taking into account the age of the applicant, we can potentially secure funding for customers up to 85 years old on a capital and interest or interest only basis.

While interest only mortgages for old age pensioners will normally have lower monthly repayments than a traditional repayment mortgage, these require a further investment to pay down the original lump sum at the end of the term. We can secure our clients favourable mortgages for old age pensioners deals. We cannot offer advice on investments so will refer anyone needing investment advice to a number of Independent Financial Advisers.

Our expert team of brokers, skilled in finding mortgages for old age pensioners, are sure that we can find our clientele the most competitive and suitable mortgages, taking the pressure away from you.

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

Call us today for more information and advice on mortgages for old age pensioners.

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