As a later life lending expert, we have come across some weird and wonderful reasons for lending to our Older Borrowers. Here’s some of our favourites…

“Home improvements”

Why when you get to a certain age would you stop investing in your home? One of our top reasons for lending to the 55+ is around home improvements.

“The holiday of a lifetime”

With many spending years paying off their mortgage and having plans to downsize in the future some are opting to release the funds now and take that holiday they’ve always wanted.

“Gifting”

In a similar fashion, many are wanting to gift their children or grandchildren to support them with their first car or university fees.

“A step on the ladder”

First Time Buyers are struggling to get on the property ladder so we’re finding that grandparents/ parents want to help them with that first step by releasing the deposit from their property.

Get in touch

Case outside of criteria? We’ll always take a look. Get in touch by email or by phone and we’re more than happy to help.
Tel: 01282 440583
Email: intermediaries@themarsden.co.uk