Mortgage For Pensioner

Mortgage For Pensioner

Mortgage For Pensioner - Mortgage for pensioner mortgages are high value loans secured to your house taken out by anyone in or approaching retirement. A pensioner may find it hard to secure a mortgage based on their age, income from pensions or other investments or preferred repayment option. However, our specialised mortgage for pensioner team of brokers will be able to find a suitable and affordable plan to suit almost any mortgage for pensioner client.

We can offer mortgages through a variety of repayment methods and give advice as to which will suit your personal requirements best to give the most economical deal on your mortgage. For pensioners, we have secured loans on a repayment basis where both the mortgage value and borrowing costs are paid off simultaneously and interest only mortgages. This type of mortgage for pensioner requires a further investment such as a pension or ISA, as this will be needed to pay down the original lump sum at the end of the term. Though we can offer finance, anyone seeking a mortgage for pensioner on an interest only basis will need to speak to an Independent Financial Advisor about any investments as we are unable to offer investment advice.

You may wish to raise funds for an extension on your house or a luxury item purchase such as a sports car. It may be the case you are seeking a more reasonable rate on your current mortgage or a consolidation of debt. Whatever the reason you have for securing extra finance, our mortgage brokers skilled in the mortgage for pensioner market will be able to find you the most competitive deal.

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 and our advisors will be able to offer a complete service to find the best mortgage for pensioner deal.

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