Mortgages near Retirement
Posted on 6 May 2012
I'm sixty years old in fulltime employment with £70.000 for a deposit - what mortgage options do I have? Thanks
David
I regret that I am not able to give a full and concise answer without a lot more details In general terms you will be able to obtain a mortgage that runs up until you are age 75 at which point it will need to be repaid and depending on how much equity you have you should be able to borrow roughly 4 x your earned income.
Please call 0844 346 3672 to speak to one of our independent mortgage consultants who will be able to take your details, answer any questions you have and then research the market to find the right mortgage for you.
Peter
Categories: Home mover, Mortgages in retirement
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