Mortgages for Retirement Properties

Retirement Flats & Apartments
Shared Ownership Flats
New Build Flats
Guarantors Considered
No Credit Scoring
Common Sense Underwriting
No Maximum Age

Mortgages for Retirement Properties

We are often approached by clients who are struggling to obtain a mortgage for a retirement flat or apartment, where there is a restriction placed on ownership or occupation, so that they can only be purchased and/or occupied by people in retirement or over a certain age (usually age 55).

Clients typically tell us that they may have approached their Bank or Building Society to obtain a mortgage on a retirement flat or house, only to be declined because of the age limits on the use of the property.

This can often cause a lot of frustration, wasted time and often money.

Some customers have approached us and asked us to arrange a retirement flat mortgage using the income of their son or daughter to help with the mortgage payments.

At RockHopper we can look to assist clients looking to arrange a mortgage on a retirement property.

Best Deals -Purchase

Initial Rate	Type	For	Then	APRC*	ERC*	Fee
1.24%	Fixed	Jan-2023	4.34	3.8	01-Jan-2023	£1476
1.28%	Fixed	Dec-2022	3.59	3.4	31-Dec-2022	£1475
1.28%	Fixed	Dec-2022	3.59	3.4	31-Dec-2022	£1475
1.28%	Fixed	Oct-2022	3.59	3.9	31-Oct-2022	£1473
1.34%	Fixed	2 years	3.59	3.2	2 years	£1473
1.36%	Fixed	Dec-2023	3.59	3.3	31-Dec-2023	£1487
1.36%	Fixed	Dec-2023	3.59	3.3	31-Dec-2023	£1487
1.38%	Fixed	Dec-2022	3.59	3.8	31-Dec-2022	£1475
1.39%	Fixed	Nov-2022	3.59	3.3	30-Nov-2022	£1474
1.39%	Fixed	Nov-2022	3.99	3.7	30-Nov-2022	£1474

*APRC = Annual Percentage Rate of Charge
*ERC = Early Repayment Charge
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

The mortgage products displayed above are as a result of the following search:
Reason for Mortgage: Purchase; Property Valuation: £200000; Mortgage Amount: £120000;Payment Method: Repayment; Mortgage Term: 25 years; Mortgage Product: All Offset: No Product Term Period From: 0 Months; Product Term Period To: 300 Months; .

The mortgage deals shown above are subject to individual status and a suitable security property. You may not be eligible for some or all of the deals shown given your status and/or the nature of the security property. For a more accurate indication as to mortgage deals you are eligible for, please contact us to discuss your specific situation and/or property.

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Mortgages for Retirement Flats