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mortgages into retirement

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blademan_2
blademan_2 Posts: 1 Newbie
in Mortgages & endowments
HI all I have recently sold my house and have put in an offer on another property which is going to final bids tomorrow! Iam 48 years old and my mortgage broker says that there are some building societies that will still give me a 25 year mortgage(it will be a joint mortgage with a younger partner) anybody had a similiar experience

Comments

  • AndrewSmith
    AndrewSmith Posts: 2,871 Forumite
    It is possible yes but you will need to evidence sustainability of the mortgage after state retirement age.
  • sarkin
    sarkin Posts: 785 Forumite
    There are lenders who will go to age 75 but may ask for proof of income in retirement, Some lenders have no upper age limit for mortgage or remortgage
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