No maximum age limit- Does the case make sense? No credit scoring, we credit search Every case individually underwritten with a common sense approach Lending into and whilst retired acceptable Currently no restrictions on product offering when lending into retirement, core range is available Interest only lending acceptable up to: 80% LTV with suitable [...]
Many banks and building societies have a traditional view to lending that means your older clients may often struggle to gain access to any kind of borrowing. Upper age limits for lending seem at odds with the way we live today. The reality is that people are living longer, healthier lives and so need funds [...]
The interest only time bomb, how Hodge's 55+ mortgage could help. A couple come into your office, both in their late 50’s and still working full time they want some advice on their options in retirement, their most pressing concern? their existing interest only Mortgage and the fact they have not got the [...]
Why Golden Charter? Golden Charter has been providing funeral plans since 1990 and is a member of the Funeral Planning Authority, meaning that we adhere to a set of rules and a code of practice, offering protection for your clients. We work with over 3,000 independent Funeral Directors giving us unrivalled* coverage in the UK. [...]
Hodge Lifetime's 55+ Interest Only Residential Mortgage now available in Scotland Following on from the successful launch of our award winning 55+ mortgage in England and Wales during 2016 we are delighted to confirm that from September 4th 2017 the product will be available for business in Scotland. Product highlights: Available [...]
Hodge Lifetime 55+ The personal approach As experts in later life lending, at Hodge we believe that each case deserves our personal attention. That’s why we use people to underwrite your cases and not just computers. What can you expect from us? On average our underwriters will make a decision on your [...]
Do you have clients approaching or in retirement who may be struggling to pay off their interest only mortgage? Hodge can help Often, people are put off approaching their Adviser about later life borrowing as they don't believe they will be able to borrow enough money to repay their existing mortgage. This [...]
In the earlier stages of a person’s life, life insurance and critical illness cover (often referred to as ‘accelerated life’) are essential for ensuring financial and family protection needs. However, once the mortgage is paid off, and the term life cover has expired, the protection gap for clients in the later stages of life is [...]
The older generation is growing fast yet they can face certain obstacles to borrowing. The Marsden offers conventional mortgages for those approaching or in retirement that are an alternative to equity release. The picture by 2020 highlights a growing need as the older generation increases With the 55+ generation looking to double by 2020 and [...]
What options are available to this audience? The older borrower market is growing fast yet their access to products can be limited. The Marsden offers conventional mortgages for those approaching or in retirement that are an alternative to equity release or for some, a ladder to support equity release in the future. Here are some [...]
© Copyright The Right Mortgage | All rights reserved. | The content of this website is intended solely for the use of financial advisers. | How to make complaint? | Our Policies
The Right Mortgage & Protection Network Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: 70 St. Johns Close, Knowle, Solihull, England, B93 0NH. Registered in England and Wales. Registered Number: 08130498.
