Lending into Retirement Mortgages

Many clients contact us who may be struggling to get a mortgage due to planning to lend into retirement. They often tell us, that although they have a full-time job and pension:

• they have been refused the mortgage amount required as the lender will not consider lending to them beyond the age of 70 or 75
• the mortgage payments they have been offered are too high as their current Bank/Building Society will only consider a mortgage over a short term period

Customers calling us often tell us they are frustrated that although they would be a very good mortgage customer, they are finding it difficult to get a mortgage.

Whatever your situation, we may be able to assist. We specialise in helping clients who have unusual or non-standard requirements. We work with a number of lenders who have a flexible approach to underwriting your mortgage. They will look at your mortgage on a case by case basis and a person will assess your situation rather than a computer.

We appreciate everyone’s particular situation is unique, which is why we look at every enquiry on a case by case basis. We work with both High Street and Specialist lenders and, if necessary, can recommend a lender who will manually assess your mortgage application rather than asking a computer to make a decision. In the current climate, we appreciate that everyone may not “tick all the boxes” for the high street lenders.

If you would like to see whether we can help you raise a mortgage for you on a property, do get in touch for a free no obligation quotation.