Lending into retirement

Those looking for a mortgage who are at a later stage in life often find themselves hampered by todays tougher lending rules and may struggle to meet the rigid requirements imposed by some lenders.

We will consider your mortgage needs beyond what is often perceived as the normal retirement age. We will consider you for a mortgage up to the age of 80, where you have a proven income, this could be either private or occupational pension, from your job, and sometimes a combination of both.

The Furness has a team of experienced mortgage underwriters who are flexible and who understand the stability of pension incomes.

If you are already retired the maximum loan to value we can consider is 70%.  If the mortgage term will end after your retirement age, the maximum loan to value we can consider is 80%.  The maximums are based on the oldest applicant’s age

Older borrowers have access to the full range of mortgage products that Furness offer, to view our what mortgages are available to you please complete the below form.

 

Work out your loan to value

with our easy calcuator

1What is the property value?

£

2What is your deposit?

£

Your Loan To Value (LTV)

0%

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