There are several factors that compel a homeowner to take out a mortgage later in life. While most banks refuse to lend beyond the age of 70, you can trust Mortgage & Lifetime Solutions to connect you with the right brokers and equip you with honest and reliable advice.
As lifestyles and healthcare are improving, people have better chances of enjoying longer, more enriched lives. That’s why our team is committed to helping clients in Croydon get the most out of their retirement through later life mortgages. As your trusted advisors, we take time to understand your financial goals and guide you every step of the way.
Why Borrow Later in Life?
Later life mortgages may bring several benefits for older adults. This type of mortgage lends you the funds you need to maximise your retirement years, without sacrificing your home. It can be used to fund a business or pay for that vacation you’ve always dreamed of.
A later life mortgage can cover any upgrades you want to add to your home. Whether you wish to install a conservatory or build a patio and remodel your lawn, you can take advantage of your mortgage.
In addition, this type of mortgage can serve as a lifeline during emergencies including sickness or younger family members who require urgent assistance.
A later life mortgage offers a practical funding solution to all your goals without breaking the bank. More importantly, there will be no rejections since our cap is at 95 years old.
