Can I get a mortgage over retirement age

Cat_Girl

I am 55 just now, in full time employment, same employers for 15 years.  I need a short term mortgage (perhaps 2-4 years).  I have a 65% deposit.  Am I correct in thinking I can only get a mortgage up until I am 67?  

Carl2510

Don’t quote me but I’m sure some do 70

bradders1983

Barclays told me only on Wednesday that it was 70.

dimbo61

It all depends on your income, debts, size of mortgage, age, job, pension and even type of mortgage.
BTL may not depend so much on your income as yield.

J4mesg

Cat_Girl said:

I am 55 just now, in full time employment, same employers for 15 years.  I need a short term mortgage (perhaps 2-4 years).  I have a 65% deposit.  Am I correct in thinking I can only get a mortgage up until I am 67?  

Yes you can goto 70. Some may ask for pension forecast etc.

Durban

Coventry go to 75 but you will need proof that your retirement income is enough 

kingstreet

Other lenders do 75, even 80. I can think of two who will do 75 without details of income in retirement. One just asks for eg evidence of pension conts on payslip or bank statement.

haras_n0sirrah

As long as you are 10 years away from retirement then you can go to 75 with some lenders as long as you have pension contributions on your payslip. What you are looking to do is entirely possible but not with every lender (a number will go off pension income only if going over age 70)
Speak to a broker - if you don't have one a number of us post on mse. Read the boards and you can pm a broker who you feel gives good advice. We are not allowed to approach forumites but most of us are happy to respond to pm's requesting help.