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maximum age for BTL mortgage

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theGrinch
theGrinch Posts: 3,133 Forumite
Part of the Furniture 1,000 Posts
in Mortgages & endowments
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

Comments

  • craigb_3
    craigb_3 Posts: 22 Forumite
    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 example
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