Ask the Specialist

Capital Fortune are asked to help clients on a daily basis, whether it be with a new purchase, remortgage, buy to let or something more unusual. We typically help clients with non-standard, unusual or complex situations and have created this section to allow you to ask our team of specialists any question you may have. Feel free to browse the list of questions and responses. Please note we provide information only in response to the questions posed and not advice. If you do seek advice then feel free to speak to one of our Advisers by calling 0207 710 0400 or send us an enquiry online and one of our Advisers will call you back.

Mortgage for Over 80s

on 10 July 2016.

Hi there,

My relation who is 81 has an interest only mortgage. She has only one year to repay the full mortgage back. Is there a possiblity of remortgage. Sue

Ask the Specialist response:

Hi Sue,

Many thanks for your enquiry.

Typically, we assist a number of clients over the age of 80 at the outset of the mortgage. The mortgage will have an end date so will need to be paid back at some point rather than equity release, however, there is not necessarily a maximum age for us being able to assist, as long as the mortgage is both suitable and affordable. 

If you just wish to obtain an indication on whether we are able to assist you, given your specific circumstances, I'd recommend speaking to one of our Advisers on 02077100400 or send us an enquiry online and one of our Advisers will call you back. We would need to be speaking to your relation to ensure that she is fully aware of the overall situation. 

Capital Fortune