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maximum age for BTL mortgage
theGrinch
Posts: 3,133 Forumite
can anyone suggest lender that will lend a BTL up to 75 years of age or even beyond?
"enough is a feast"...old Buddist proverb
0
Comments
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message me mate. to long a reply on here. basically it goes on affordabilty. can you afford payments in retirement. if rent is greater than what lender expects it to be its not a probem depending on where you go.
example of one lender ...
100k mortgage x 5.89% divided by 12 x 125% (20%deposit) or 130% (15% deposit) - expected rent.
if expected rent is this or more then doesnt matter age.
just one example0
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