We're 75 & 76, and struggling to re-finance our portfolio. We don't want to have to sell, but lenders all seem very ageist ?

Posted on 5 July 2014 by Bruce


I am 76 wife 75. Very Fit! Have buy to let portfolio west london net value £5.5M. Don't want to break up but struggling with essential remortgages due Jan because of ridiculous ageist policies-Not thrilled with the two  available lenders offerings. HELP!

Bruce,

Without knowing the figures involved - rental income generated, current mortgage balances, your pension income, etc.... I can't really say with any certainty if would be able to assist you. However, as an independent, whole of market mortgage broker, I'd like to think that we can find a lender to help you. You are correct that many of the major high street lenders don't cater for the more mature borrwoers, though there are still some lenders who can look at manually underwriting cases, and it may well be one like this that we look at approaching.

If you'd like to discuss your options in more detail, then please call and to speak to one of our consultants on 0344 346 3672 and they'll be able to give you a much clearer idea of how exactly what we can do to help you.

Regards,

Simon

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