I know I must be a little crazy.....

edited 29 July 2016 at 1:06PM in Mortgage-Free Wannabe
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daveg14daveg14 Forumite
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edited 29 July 2016 at 1:06PM in Mortgage-Free Wannabe
....but, at the ripe old age of 64 (and a half....ish!), I'm retired and mortgage free, and I'm considering the possibility of purchasing a holiday home, for around 85-100k; My question is, could I get a mortgage/remortgage, based on my pension being my sole income, and for a period of say 15 years, or would it have to be a secured loan on my house, (approx value 300k)......subject of course to being able to afford the repayments!!

Not even sure if this is the right question, or the forum to be asking on, but I'm sure there's an Oracle or three can point me in the right direction?

Thanks folks..........Dave.

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