Mortgage in late 50's

Husband and I are looking to downsize from a 4 bed semi. Approximate value is 131k, equity around 68k, probably needing to borrow between 60k - 70k.
We are both age 58 at the moment and are currently paying £619 a month on a 103k mortgage that was taken out in 2005 for a business, there are roughly 12 years left, SVR is over 4% so I know we could get a better deal elsewhere.

Would we be considered for a mortgage?

Thanks