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Over 50's mortgage

Macky-D
Posts: 2 Newbie
Can anyone help!!
We desperately tying to get a mortgage, but because of my husbands age of 58 the repayments we have been offered have been through the roof! (I am 33) The cheapest has been £1200 a month on a house of 125k. With a 2 year old and bills on top of that we would struggle.
We both are on good wages and both of us are secure should anything happen to us work or death wise. We are trying everything and are even trying to draw down from my husbands pension which is proving difficult.
If anyone has any ideas or advice we would more than appreciate it as we at a loss at the minute.
We desperately tying to get a mortgage, but because of my husbands age of 58 the repayments we have been offered have been through the roof! (I am 33) The cheapest has been £1200 a month on a house of 125k. With a 2 year old and bills on top of that we would struggle.
We both are on good wages and both of us are secure should anything happen to us work or death wise. We are trying everything and are even trying to draw down from my husbands pension which is proving difficult.
If anyone has any ideas or advice we would more than appreciate it as we at a loss at the minute.
0
Comments
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AFAIK most high street lenders will only grant a mortgage until the oldest borrower is 75.
You need to see a mortgage broker.(AKA HRH_MUngo)
Member #10 of £2 savers club
Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton0 -
Correct
Depending on your circumstances, there are a couple of angles that may help.
You need to engage a mortgage broker.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Try National Counties BS.Free the dunston one next time too.0
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