Tag: Lifetime mortgages

Later Life Lending options

Later Life Lending options

These days many people maintain their mortgage into their 60s, 70s and even 80s! Unfortunately, there are few traditional lenders (i.e. well-known high street banks) who lend past the age of 75. Even those who do lend to this age group will need to see consistent income to offer a mortgage. Many lenders also insist

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Equity Release Solutions

Equity Release Solutions

Later life borrowing has become very popular and highly specialised and needs to be a well-thought-out area of financial planning. An Equity Release mortgage is a way whereby a homeowner, who must be over 55 years old, can release cash from their property and have the option to roll-up the interest payments until a defined

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