Pensioners

Mortgages In Retirement

Mortgages In Retirement - Mortgages in retirement are sought by those of later years seeking finance. Some clients seeking mortgages in retirement have found it difficult in recent years to process a successful application, particularly due to restrictions on available credit. This has led to calls from some of those seeking mortgages in retirement who can demonstrate affordability that lenders are not being fair in their treatment. This is where our expert team of mortgage brokers can assist you.

Using our comprehensive panel base, our mortgages in retirement advisers can offer you mortgages on a capital and interest repayment basis, an interest only basis or pension linked or ISA mortgages in retirement. The former pays down both the costs of borrowing and the original lump sum at the same time so at the end of the term the mortgage debt has been cleared. The other repayment types pay the interest of the loan each month. Though this generally results in lower monthly payments for mortgages in retirement than a conventional repayment mortgage, this leaves the initial mortgage value to be paid in full at the end of the term using another investment. T hose seeking mortgages in retirement must note we can offer mortgages and finance but cannot offer advice on investment.

Whether you are seeking mortgages in retirement for home improvements, a car, to remortgage away from your current lender or a consolidation of all of your outstanding debt into one manageable payment, our mortgages in retirement advisers can help. Our team can find the most suitable and affordable deal based on your income from pensions or other investments, your financial need and the repayment basis you would prefer.

Our specialised mortgages in retirement team will be able to offer you a comprehensive service when securing finance and will continue to search for the best deal even after we have completed your mortgage application form.

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

Searching for mortgages in retirement? Call one of our advisors today.

Mortgages Over 65

Mortgages Over 65 - Mortgages over 65 are mortgages offered to people in retirement. The mortgages over 65 market has grown rapidly in recent years due to higher house prices and working past normal retirement age. Though credit available to those of maturer years, and indeed to all others, has been restricted in recent years, it is still possible to secure mortgages over 65 years old, so long as the mortgage is both affordable and suitable. Our comprehensive panel team of mortgage brokers, experts in the field of finding you the best deals in mortgages over 65-year-olds, will advise you of the advantages and pit falls associated with the variety of mortgages we can offer you.

Depending on your pension income, we can secure people mortgages over 65 on a capital and interest repayment basis, interest only or an ISA mortgage. The former repays both the interest charged and the lump sum itself while the latter two simply pay off the interest of the loan. Though these mortgages typically have lower monthly repayments, this leaves the mortgage total to be paid down at the end of the term, using an ISA or another investment such as an endowment policy or a pension.

You may be looking for mortgages over 65 to pay for home improvements, a new car or you may want to consolidate existing debt into one monthly payment. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. You may simply just be looking to remortgage away from your current lender to find a more competitive mortgages over 65 deal.

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

Whatever your reasons for finding seeking a mortgage, do not hesitate to call our team of mortgage brokers specialising in advising on mortgages over 65.

Mortgages Over 65s

Mortgages Over 65s - Mortgages over 65s are mortgages available to indiviuduals seeking finance for their buy to let or residential property and over 65 years of age. Since the recent economic downturn, it has been increasingly difficult for individuals to obtain mortgages. Over 65s are often rejected finance from a number of High Street banks and building societies, who seem them as a greater risk than the typical applicant. When looking to obtain mortgages, over 65s may require specialist advice and assistance to obtain the oprimum financial result for their individual needs and requirements. This is where we can assist.

Our mortgages over 65s team are experts in placing our clients with the right lender at the right time and importantly at the right rate. Scouring our comprehensive panel mortgage base, we will extensively search the market to find the best mortgages over 65s deal which suits your bespoke circumstances. We are not tied to any one lender and put you, the client, first.

For those looking to obtain mortgages over 65, there may be a number of criteria which need to be met for your mortgage application to be accepted. Individuals will often have to declare their full income, with any other financial vehicles including a private pension declared to support your chances of success. Obtaining mortgages for over 65s can often be a complex process, our expert knowledge can ensure you get the best mortgage deal around.

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? Over 65s can obtain the optimum deal by contacting our expert team today.

OAP Mortgage

OAP Mortgage - OAP mortgage clients will typically be an OAP pensioner or someone in retirement seeking a mortgage. Reasons for needing an OAP mortgage could be the desire to consolidate existing debt into one repayment each month or to raise funds for an extension or loft conversion on your home. You may simply be an OAP who wants to move away from your current mortgage provider to find a better deal and lower rate on your existing OAP mortgage.

Our mortgage brokers can use a comprehensive panel of lenders OAP mortgage base as well as our developed relationships with banks and building societies. We will obtain the most suitable and affordable OAP mortgage given your age, income and financial need.

We can position our clients with a variety of OAP mortgage providers on a selection of different mortgages and repayment methods. We can seek to secure an OAP mortgage for customers up to 85 years old on a traditional capital and interest or interest only basis. While a traditional OAP mortgage may have higher monthly repayments than interest only mortgages, these types of mortgages pay down capital borrowed over the term of the mortgage. An OAP deciding on an interest only mortgage will need to organise another separate investment as this will be needed to pay off the original mortgage taken out once the OAP mortgage term ends.

Though we can secure our clients finance, we do not offer any advice on investments but can direct those seeking an interest only OAP mortgage towards a number of reputable Independent Financial Advisers.

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

To speak to one of our team dealing with finding the most competitive OAP mortgage, call us today.

OAP Mortgages

OAP Mortgages - OAP mortgages have become progressively harder to secure over recent years. OAP mortgages lenders have become increasingly cautious of lending to an OAP because of issues of long-term serviceability of mortgages from pension income and the uncertainty over the release of pension funds in both state and private pension provisions. However, using our comprehensive panel base and strong associations with underwriters at some of the UK’s leading OAP mortgages providers, our team of brokers can find customers the most suitable and economical mortgage deal. The OAP mortgages offered are subject to t he applicant’s income from pensions, investments or any other in co me and of course, the actual age of our OAP client.

Using a traditional repayment mortgage leaves clients debt free at the end of their term so long as all payments are made in full and on time. However, they do typically have higher monthly repayments than interest only OAP mortgages. Those customers opting for an interest only basis mortgage will need to arrange a separate parallel investment product such as an ISA or other investment. They will be advised to speak to an Independent Financial Advisor to arrange the parallel investment in order to pay the capital element of their OAP mortgages.

Finding the right OAP mortgages can be a taxing process for some people but our brokers are experienced in this area and after discussing your age, financial needs, preferred repayment method and the income generated from pensions or investments, we will be able to discern which lenders are likely to take your case and who is offering the most affordable OAP mortgages deal.

Regardless of if you are seeking a more competitive rate on existing OAP mortgages or raising funds for home repairs or the consolidation of debt, our brokers can assist you. We offer a comprehensive OAP mortgages service, completing all documentation to a time scale that suits you and regularly reviewing your case to ensure you receive the most competitive OAP mortgages available.

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 and we will be able to advise you of the available OAP mortgages from a comprehensive panel of lenders.

Over 60's Right to Buy

Over 60's Right to Buy - are you, or are your parents, aged over 60 and looking to purchase their existing home under the Right to Buy Scheme?

Have you or your parents been unable to obtain or rejected for a mortgage simply because of their age?

Here at Capital Fortune we have years of experience helping clients aged over 60 purchase their home under the Right to Buy Scheme.

We typically assist clients over 60 who are looking to arrange a mortgage over a standard term of 20 to 25 years.

Mortgages available where the entire right to buy discount can be used as the deposit.

Feel free to telephone us or send us an enquiry to see if we can assist.

The overall cost for comparison is 5.4% APRC.  The actual rate available will depend upon your circumstances. Ask for a personalised illustration.

Over 65 Mortgage

Over 65 Mortgage - Over 65 mortgage refers to the available mortgage deals sought by individuals over 65 seeking to purchase a buy to let or residential property within the UK. Since the recent economic downturn, it has become increasingly difficult for individuals to obtain an over 65 mortgage on the mortgage market. A number of mortgage lenders throughout the country have become increasingly risk averse and more reluctant to lend to individuals, often leaving those seeking an over 65 mortgage to require specialist advice. As a premiu mortgage broker, specialising in obtaining over 65 mortgage deals for clients, this is where we can assist.

Our team have years over experience in obtaining the right deal for our clients. As a comprehensive panel of lenders mortgage broker, we are able to source a number of the available over 65 mortgage deals on the market to find the deal which suits you best, without prejudice. Over a number of years our team have been able to obtain certain deals which are not available on the open market, utilising our excellent relationships with over 65 mortgage lenders.

We understand the terms and conditions of each over 65 mortgage deal and vow to guide and assist you throughout your application from your initial enquiry until the completion of your over 65 mortgage deal and beyond. We will quickly guide you throughout the mortgage process, ensuring you choose the right mortgage deal for your individual needs and requirements. In addition, our team will complete all the relevant documentation required to secure your mortgage, all within your given 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 an over 65 mortgage? Contact our specialist team today.

Over 65 Mortgages Buy To Let

Over 65 Mortgages Buy To Let - Over 65 mortgages buy to let refers to individuals over 65 or approaching retirement seeking to obtain remortgages or mortgages for their buy to let property. Many individuals seeking over 65 mortgages buy to let packages are increasingly being rejected in recent years by many high street banks and building societies. Commercial lenders have become increasingly risk averse and unwilling to lend to clients, making the over 65 mortgages buy to let market more difficult to navigate than ever before.

Over 65 mortgages buy to let deals are still available however with certain lenders offering cost effective and affordable rates and solutions for your specific needs and requirements. We offer a bespoke and holistic service to all our clients over 65 seeking a buy to let mortgage, using our comprehensive panel base to find the optimum financial and banking solutions for you.

Our team of advisers have built up outstanding relationships with senior underwriters at many over 65 mortgages buy to let providers who have been in business for many years. Our established relationships will ensure our customers obtain the most competitive rates, as well as a significantly increasing the chance of a successful application for over 65 mortgages buy to let applications.

We are fully aware of the stress which an over 65 mortgages buy to let application can involve. With numerous providers, our expert team will advise whether a building society, private over 65 mortgages buy to let lender or UK bank will be best equipped to a specific application. Furthermore, we guarantee to complete all the critical paperwork required for you, saving clients time and hassle.

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

Call our over 65 mortgages buy to let team today. We look forward to taking your call.

Over 65 Years Of Age Mortgages

Over 65 Years Of Age Mortgages - Over 65 years of age mortgages are mortgage sought by those over 65 seeking to purchase a residential or buy to let property within the UK. It has often been difficult for those seeking over 65 years of age mortgages due to age related factors and retirement income yet since the credit crunch it is now more difficult than ever before. Risk averse high street banks and building societies are increasingly rejecting individual pensioner and over 65 years of age mortgages. This is where we are here to help.

We can offer a range of lender products providing a mortgage for over 65 years of age mortgage clients on both a repayment and interest only basis. These products are also available as a fixed rate mortgage for the over 65, tracker rates, capped rates, variable and discount rates. After discussing your specific requirements and personal situation, we will be able to search a comprehensive panel of lenders and find an over 65 years of age mortgages package that suits you. Whether you opt for a traditional repayment mortgage, paying down both capital and the cost of borrowing simultaneously, or an interest only over 65 years of age mortgage, our brokers will process your application to a time frame that suits you. We will take you through all steps required, including completing all the required paperwork, giving you the best chance of being successfully granted finance.

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. Our over 65 years of age mortgages team look forward to taking your call.

Over 70s Mortgage

Over 70s Mortgage - Over 70s mortgage refers to the mortgage deals sought by individuals over 70 seeking to purchase or remortgage a buy to let or residential property within the UK. The number of over 70s mortgage deals have dramatically decreased since the credit crunch, with many High Street banks and building societies increasingly reluctant to offer over 70s mortgage products to individuals. To acquire an over 70s mortgage specialist advice may be required; this is where we can assist.

Our team understand the over 70s mortgage market and we understand our clients. Without prejudice, our expert team will scour our comprehensive panel base to find the deal which best fits your individual needs and requirements. Over a number of years our team have been able to obtain favourable packages often not available to individuals on the High Street, to our clients benefit.

We are experts in finding our clients the right deal, at the right rate and importantly at the right time. We will quickly advise you as to whether your over 70s mortgage package will be best suited to a UK or international bank, private mortgage lender or local building society, before completing all the relevant paperwork required to secure your transaction.

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

An over 70s mortgage to fit your individual circumstances can be found through our specialist advisory service. Call us today.

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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