We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
BTL Mortgages for retired over 60s
Nearlyold
Posts: 2,459 Forumite
Anyone know if BTL mortgages are likely to be available for a retired couple aged 65 & 67 where their joint income will be rent (30K pa) from existing mortgage free rental properties and pensions (20K pa). Would be looking at properties around £150K so would need a mortgage around 50K.
0
Comments
-
yes, with some lenders you an get a 35 year term if you wanted it (or 40 year, cant remember off the top of my head)0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards