Mortgages For Older People

We have years of experience helping clients aged between 60 and 90 obtain a mortgage or save money by remortgaging

Mortgages For Older People

 

Mortgages For Older People - Mortgages for older people can often be difficult for individual pensioners and older people to obtain. Since the credit crunch, an increasing number of banks and building societies have been increasingly risk averse to lend to individuals, especially to individuals seeking mortgages for older people. With more stringent criteria set by mortgage lenders and difficult jurisdiction, mortgages for older people may require advice and assistance from an unbiased comprehensive panel mortgage broker. This is where we can assist.

Clients seeking mortgages for older people will have to be able to prove that their pension income as well as any other investment vehicles will be able to support the mortgage payments required. In addition, with age being a factor in a mortgage application, lending institutions in the UK and internationally may be somewhat reluctant to offer mortgages for older people to individuals. Our expert team specialising in mortgages for older people have built up strong relationships with a number of lenders offering mortgages for older people over a number of years, utilising these links to obtain favourable mortgage deals for our clients.

We are aware of the complex nature of mortgage packages for older people and will guide and assist you throughout your application from your initial enquiry until the completion of your application and beyond. As well as speedily advising as to which lender offering mortgages for older people is most suited to you, our team will complete all the required documentation to secure your mortgage package.

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 older people? Call our specialist team today.

 

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