Applying for a mortgage later in life has never been easier. In our over 25 years in the industry, connecting clients with their ideal loans, we’ve established a network of lenders offering later life mortgages in South London.
There are always healthcare and lifestyle innovations that increase life expectancy. This means there is now more time for everyone to enjoy longer and fuller lives. As trusted financial advisors we can offer reliable and effective guidance so you can make the most of your finances.
Why You Would Need Later Life Mortgage
Getting a later life mortgage basically allows people to tap into their home’s equity to acquire additional funds. There are a number of compelling reasons for people to get this kind of loan:
- You want to make the most of your retirement without having to move out of your home.
- You want to enjoy a long and hard-earned vacation, maybe in a tropical country.
- You want to finally fund those home improvement projects that you have been putting off because of financial concerns.
- You want to help a younger member of the family with finances. This can be used for education, medical emergencies, and other urgent needs.
With this kind of mortgage, your home will take care of you after all the years you’ve been taking care of it. You can get an excellent mortgage deal until your 95th birthday.
