Homeowner loan options for the over 70. Once you reach a certain age your loan options begin to change. That is not to say that it is impossible to obtain a loan if you are over this age limit, but it is worth understanding how age can affect borrowing. While most lenders impose maximum age caps we do not.
Lifetime Mortgage: You should look at this option as updating your income to upgrade your life. This is a popular plan and is available to all homeowners aged seventy and over. The criteria for the loan you require is based solely on the equity available in your property.
There are no affordability calculations, age considerations, no credit checks required and no monthly payments to make. We offer flexible loan terms to suit all applicants.
Loans are available from minimum £100,000 up to £10M. We can normally complete these transactions on a time scale to suit your needs. There are numerous advantages to this plan, and we have specialist and niche lenders available to choose from.
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