Can I Remortgage if I’m Over 60 or Retired?
Common reasons for remortgaging when you’re over 60 or retired are to release equity from your home or to reduce your monthly mortgage payments by securing a better rate. As an older homeowner, you may have built up a considerable amount of equity in your property – either through an increase in property value or […]
What Is A Retirement Interest-only (RIO) Mortgage?
Retirement Interest-only (RIO) mortgages are designed for older homeowners who may not be eligible for a standard mortgage or remortgage. They are also popular with people who are coming to the end of an interest-only mortgage and are unable to pay off the remaining capital. These products allow you to only pay the interest each […]
Can I Get a Mortgage if I’m Over 50 or Retired?
As the population ages, more people are looking to take out a mortgage in later life or retirement and more lenders are catering for this. Perhaps you want to live nearer your friends or family, or maybe you have your eye on a dream home to live out your golden years. Whatever your reason for […]
