Pensioners

Mortgages for Pensioners

Mortgages for Pensioners - are mortgages offered by mortgage lenders who assess and accept a pensioner’s annual income on the basis of their pension income. Pension income can be derived from private and State pensions and may be supplemented by other investment income such as stocks and shares, premium bonds and other investment vehicles. In the current climate, lenders are cautious regarding mortgages for pensioners as such income may or may not be guaranteed.

The age of the Applicant is also an important factor.

Capital  Fortune have secured mortgages for more mature mortgage applicants up to the age of 85. We are specialists in this area.

We are also able to arrange mortgages to be placed in a pension if this is a requirement and a feasible option.

In deeming whether a mortgage is both suitable and affordable, mortgage advisers and mortgage lenders have to be sure that there is some form of track record to pension income and any other investment income. Many mortgage lenders show reluctance in underwriting these cases given concerns around the sustainability of the income stream.

At Capital  Fortune, we understand these difficulties and our ability to contact senior underwriters to discuss you particular case and pension income with them directly, allows us to save you time, money and disappointment.

We understand our lenders and we understand their criteria. We will immediately know what lenders are likely to accept your type of pension income and which are likely to accept  your case or otherwise.

For more information on our  mortgages for pensioners, call us today on 020 77 100 400 or Enquire Online.

Mortgages For People Over 60

Mortgages For People Over 60 - Mortgages for people over 60 are increasingly difficult for individuals to obtain. Some banks and building societies within the UK restrict finance to individuals seeking mortgages for people over 60 onwards. With clients seen as a risk due to levels of income and wealth available, a specialist advisory service may be required to obtain the optimum financial result. This is where we can assist.

Our team are experts in obtaining mortgage for people over 60 within the UK, seeking to purchase residential or buy to let property. We will guide and assist all clients throughout their mortgage application from their initial enquiry until the completion of their application and beyond.

Over a number of years our team have built up outstanding relationships with a number of providers offering mortgages for people over 60, utilising these relationships to often obtain favourable deals for our clients not available to individuals on the High Street. Our role is to obtain the optimum financial result for you.

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

Mortgages for people over 60 can be found today. Contact our specialist team.

Mortgages For Retired People

 

Mortgages For Retired People - Mortgages for retired people will often be more difficult to obtain than mortgages for individuals still in employment and under the age of 65. Individuals seeking mortgages for retired people will often have to prove that they still have a sustainable pension income, private or state, as well as any other investment vehicles which could be used to boost their mortgage application. Unfortunately, since the credit crunch, mortgages for retired people have become increasingly complicated to obtain and specialist advice and assistance may be required to find the best available deals on the market. This is where we can help.

Our expert team have years of experience finding mortgages for retired people from a range of lending institutions in the UK and internationally, for residential and buy to let property. Using our comprehensive panel mortgage base, we will be able to quickly advise as to which lender will accept your type of pension income and which are likely to accept your case or otherwise. Our team understand our lenders and understand their criteria.

We have built up a number of strong relationships with our lenders and their senior underwriters, often being able to obtain mortgages for retired people which are not available for individuals on the open market. We appreciate how complex and dense mortgage applications can be, filling in all the paperwork required to ensure your mortgage deal is secured.

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

The best available mortgages for retired people can be found using our expert team. Call us today.

 

Mortgages For Retirees

Mortgages For Retirees - Mortgages for retirees are loans directed at customers in retirement or close to retirement age. Lenders have become more cautious in recent years when giving out credit to high risk groups such as those seeking mortgages for retirees due to the long-term affordability of the mortgage on reduced pension income and the unpredictable nature of pension payments, particularly in light of large gaps in pension funds both state and private. However, our team of mortgage brokers will be able to advise you of the most suitable and affordable mortgages for retirees, based on your income from pensions or other investments, the repayment basis preferred and your financial needs and circumstances.

You may be seeking finance for a new conservatory or home repairs. You may just want to find a more competitive rate on your current mortgage or consolidate your existing debts into one monthly payment. Whatever your need funding for, our comprehensive panel brokers can provide assistance finding mortgages for retirees and which mortgage will suit your specific circumstances.

We can offer mortgages for retirees on a capital and interest repayment basis or interest only mortgages. The former pays down both the initial lump sum and the costs of borrowing at the same time. This typically means monthly repayments are higher than interest only mortgages but at the end of the term the mortgage debt is settled. Interest only mortgages need another investment such as a pension, ISA or an endowment policy to pay the lump sum at the end of the term. Our mortgages for retirees clients requiring a separate investment vehicle may need to speak to an Independent Financial Ad visor to set up an investment such as this, as we are unable to offer investment advice.

Our team can provide an all-inclusive service when finding mortgages for retirees. We will fill out all necessary paperwork and will not stop searching for a better mortgages deal even after we have processed and completed your application, constantly finding you the best deals on the market.

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 now to speak to one of our advisers who can find you the most favourable rate when seeking mortgages for retirees.

Mortgages For Senior Citizens

Mortgages For Senior Citizens - Mortgages for senior citizens and pensioner mortgages are capital loans sought by those of retirement age. They have become increasingly more popular with senior citizens in recent years but due to the current financial climate, many underwriters are becoming less willing to agree mortgages for senior citizens. This is because of the issues surrounding long-term affordability of mortgages for senior citizens using pension provisions in already saturated pension funds. However, there are lenders available. Our team of brokers specialising in securing mortgages for senior citizens will be able to assist in making the decision of which providers offer the most suitable and affordable mortgages for senior citizens.

We can help you secure finance by using our comprehensive panel mortgages for senior citizens base and the close working relations we have built up with underwriters at some of the UK’s largest banks and building societies. The deal we find you will be one of the most competitive mortgages for senior citizens on the market. Upon assessing your age, personal circumstances and financial request, we will be able to place you with the lender that offers the best deals for mortgages for senior citizens.

Our team working in finding mortgages for senior citizens will regularly review your case up until the end of the mortgage to consider if you are still receiving the best rate on your mortgage. We will make contact if a better rate appears. We can offer mortgages for senior citizens on fixed, tracker, variable or capped rates.

Fixed rate mortgages for senior citizens will have a set interest rate for a period of time, normally a number of years, and then follow the variable rate. Tracker mortgages follow any changes in the Bank of England base rate so can result in different repayments from year to year and month to month. While tracker rates can often minimise your monthly in the short term there are risks associated with movements in the Bank of England base rates. We will take you through these details when assessing the appropriate mortgages for senior citizens.

You may be looking to mortgage away from your current lender, raise money for home refurbishments, or to consolidate existing debt into one monthly payment. Our mortgage brokers can help find our clients the right mortgages for senior citizens, whatever their circumstances.

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 to speak to one of our team about mortgages for senior citizens.

Mortgages For The Elderly

 

Mortgages For The Elderly - Mortgages for the elderly are standard mortgages targeted for the elderly who require finance. Some of the elderly have found it hard to obtain credit in recent years, however our team of brokers specialising in securing mortgages for the elderly will aim to find you the most competitive rate on the market, taking into account your preferred repayment method, age of applicant and income.

We can potentially secure mortgages for the elderly up to 85 years old on either a repayment or interest only basis. Interest only mortgages for the elderly will generally have lower monthly payments than conventional repayment options but require a further investment, such as a pension, ISA or endowment policy. The product will pay down the mortgage capital at the end of the term. Though we can organise our clients funding requests’, we cannot provide investment advice. In the event you are seeking an interest only mortgage, we will suggest speaking to an Independent Financial Adviser to obtain any information on any element of investment. They can take you through your investment options.

Using our well-established relationships with mortgage underwriters at lenders across the UK, we aim to secure our mortgages for the elderly clients with the right mortgage at the rate that suits their personal requirements. You may need mortgage funds for a new conservatory or for home improvements such as a loft conversion. You may want to consolidate debt or find a more suitable mortgage by moving away from your existing provider.

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

For whatever reason you require finance, call our mortgages for the elderly advisory team today. We will aim to provide the right mortgage in a stress-free manner.

 

Mortgages For The Over 60s

Mortgages For The Over 60s - Mortgages for the over 60s are mortgages available to individuals over 60 years old and are approaching retirement who seek to purchase a residential or buy to let property. We aim to find the most suitable and affordable mortgage package for their specific needs. Many high street banks and building societies since the credit crunch seem more reluctant to lend to clients in full time employment, perhaps even more unwilling to lend to applicants seeking mortgages for the over 60s and those approaching retirement age. Those over 60, supposedly fortunate enough to obtain a mortgage, can at times be offered less competitive rates often left with poorer rates. Individuals seeking mortgages for the over 60s are increasingly requiring the services of a mortgage broker.

This is where we can help. We offer a bespoke and holistic service to all clients seeking mortgages for over 60s. Our mortgage advisers have established excellent relationships with many senior underwriting staff at many providers offering mortgages for the over 60s. Using our comprehensive panel base and relationships obtained, we are able to source through a number of the available mortgage products without prejudice to find the most suitable and affordable deal for your individual mortgage requirements. Our role is to obtain the optimum financial and banking result for you.

Furthermore, our advisory team fully appreciate the strains and time constraints that can occur for our mortgages for over 60 applicants. We will briskly advise you as to whether your application will be best equipped to a UK or international bank, private lender or local building society who are more supporting towards mortgage over 60 year old applicants. It is our role to fill your specific needs and requirements. Our expert team will also fill out all the critical and necessary details towards your application, all within your required timescales.

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

Seeking mortgages for the over 60s? Contact our expert team today.

Mortgages For The Over 65s

Mortgages For The Over 65s - Mortgages for the over 65s are mortgage solutions sought by individuals over 65 seeking to finance their buy to let or residential property within the UK. Mortgages for the over 65s are increasingly difficult for individuals to obtain. Since the economic donturn, banks and building societies within the UK have become increasingly reluctant and risk averse to lend to individuals, especially the over 65s. With a potentially insecure income and other reservations held by lending institutions, the advice and assistance of a specialist mortgage broker may be required to obtian the optimum financial result for your individual needs and requirements. This is where we can assist.

Our team are experts in finding our clients the best available mortgages for the over 65s on the mortgage market. Using our comprehensive panel mortgage base, we are able to source mortgages for the over 65s from a number of mortgage providers to find the right deal for you. Not tied to any one lending institution, we put you, the client, first.

Aware of the complexities in obtaining mortgages for the over 65s, our team will guide and assist you throughout your application from your initial enquiry until the securing of your transaction and beyond. As well as taking you through the terms and conditions of the mortgage we feel suits your needs and requirements best, our team will complete all the relevant paperwork required to ensure your mortgage transaction is secured, all within your timescales.

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

Mortgages for the over 65s can be obtained by our specialist team. Call us today

Mortgages For The Over 70′s

Mortgages For The Over 70′s - Mortgages for the over 70s are increasingly difficult for individuals to obtain. A number of individuals seeking mortgages for the over 70s have seen their applications rejected when purchasing a residential or buy to let property within the UK, with mainstream lenders within the UK often seeing clients seeking mortgages for the over 70s as too risky with a lack of guarantee over regular income and other assets they may or may not have.

To obtain the most suitable mortgages for the over 70s on the market, specialist advice and assistance may be required. This is where we can assist. Our expert team have years of experience in acquiring mortgages for the over 70s, using our comprehensive panel mortgage base to scour the elderly mortgage market and find the best available deals. Our role is to obtain the optimum financial result for you.

Over a number of years our expert team have built up excellent relationships with a number of providers offering mortgages for the over 70s within the UK and internationally. Utilising these relations, our advisers are often able to obtain favourable packages not available to individuals on the High Street, increasing your chances of a successful application. We will guide and assist you throughout your application, from your initial enquiry until the completion of your application and beyond.

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

Mortgages for the over 70s can be found through our specialist team today.

Mortgages For The Retired

Mortgages For The Retired - Mortgages for the retired are finance options available to individuals seeking to purchase their residential or buy to let property within the UK. Mortgages for the retired are still available from a number of High Street banks and building societies, however, since the credit crunch, increasingly stringent criteria set by lending institutions has seen finance harder to obtain. Individuals looking for mortgages for the retired may require a specialist advisory service to ensure the optimum financial result is obtained. This is where we can assist.

Using our comprehensive panel mortgage base, our expert team can find mortgages for the retired and over 65s by searching the market extensively to find the right deal for your individual needs and requirements. We will guide and assist you throughout your application, with our team finding mortgages for the retired ensuring all the paperwork is completed to secure your mortgage transaction.

There are a number of stringent criteria attached to securing mortgages for the retired. We have built up excellent relationships with a number of mortgage lending institutions offering mortgages for the retired in recent years and can advise and arrange the most suitable, affordable and appropriate mortgages for the retired

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

Our team have years of experience obtaining mortgages for the retired. Contact us today for the best available mortgage package for your needs and circumstances.

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