Borrowers taking their mortgage into retirement, only 51% have set plans for repaying their mortgage, so what about the other half?…
Over half of borrowers over the age of 50 have plans to repay their mortgage after 65 which leaves just under 1.2million houses needing a later life solution, how can we as lenders support you and your clients in finding the right solution in later life….

which leaves the remaining half searching for:
  • extending mortgage terms beyond the age of 65
  • interest only solutions including the opportunity to use downsizing as a repayment vehicle
  • mortgages in or into retirement using pension income
  • part and part mortgages to begin repayment of an existing interest only mortgage.

We’re committed to later life mortgages… 

We’ve been committed to the Older Borrower market since 2014, with over 40% of our new business in 2017** supporting intermediary clients over the age of 55 get a mortgage. With options available for interest only, competitive pricing and a tailored Older Borrower product range, we work with you to find a solution for your client.

Call our Intermediary Support Team today for more information 01282 440583