• To become a property owner for
the first time,
• To make that final move up to
your ideal home,
• To improve the one you have, or
• To help turn your children's dreams
of property ownership into reality
The possibilities at 60-plus
So what are your options if you want a mortgage
when you're over 60?
Until a few years ago, probably not many, as few mortgage
lenders were willing to offer loans that extended
beyond the traditional retirement age of 65, let alone accept
the over-60s as new clients.
That meant if you wanted to take your first step on the
property ladder, or to trade up to a more expensive home,
your chances of borrowing to fund it were slim.
And if you wanted to unlock value from your home, an equity
release plan was the only realistic option.
But things are changing the mortgage market
has become so competitive that many lenders will now consider
borrowers they would previously have turned away.
So read on to discover which option is best suited to your
situation.
Will it be a traditional home loan, an equity release plan
or some other arrangement, such as a guarantor
mortgage or a personal loan?
Read
enough? Just want a quote? To get
your best mortgage quote quickly and easily we can
put you in contact with a recommended mortgage adviser. It's free,
completely confidential and there's no obligation at all. Simply
fill out the form below
