If we're in our 50's, how long could we have a Buy To Let mortgage for?

Posted on 8 January 2013 by Keith

My wife and I are aged 56&55, if we owned our own place outright, and had a deposit of £20,000 to put down on a buy to rent property how many years would they allow the mortgage to be.


The term on a Buy To Let mortgage is less of an issue than on a residential one, as they are primarily assessing the case on the strength of the rental income likley to be generated. That said, lenders will typically look to cap the term at around age 75, though there are some that will go higher.

As John Charcol is an Independent, Whole of Market broker, there may also be other more cost effective ways to get you into the Buy To Let market.

If you'd like to discuss your enquiry in more detail, then please let me know and I'll arrange for one of our consultants to contact you.




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