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Mortgage for a 50 year old?
HitforSix
Posts: 5 Forumite
Hello all. Does being 50 affect your likelihood of being offered a 25 year mortgage?
0
Comments
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Yes.
Many lenders will want to see evidence of your ability to pay the mortgage past state pension age for that term.
Speaking to an experienced independent broker may be a good idea to establish most flexible lender options for your circumstances.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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