You’ve told us that you’re always looking for more options to offer customers over 50 – so we’ve listened, and lowered the minimum age of our 55+ Residential Interest Only Mortgage.
Now available from age 50, our newly renamed 50+ Residential Interest Only Mortgage has been designed with flexibility in mind. Here’s how:
- We’ll consider earned income up to age 80
- We’ll consider future pension, investment, rental, and benefit income
- We’ll accept sale of property as the repayment vehicle
- We’ll lend from age 50 – 95
We also offer free legals for remortgages, and free valuations from properties up to £1m on both purchases on remortgages.
And, our 50+ Residential Mortgage benefits from our Early Repayment Promise – meaning that there are no ERCs if your customer sells the property, pays off the mortgage, and moves out.
To find out more about our 50+ Residential Mortgage, give our team a call or click here to visit our website.
