Many of our clients approach us when they are planning ahead to retirement or have already retired and looking to make changes to their household mortgage. Because of our specialism in this sector of the market, we are able to locate the perfect product to suit them.
Why choose Retirement Mortgages?
1. We have advisers you can trust
We’re totally impartial and focus on finding the perfect mortgage to suit you.
2. We search the market for the best deals
We’re flexible to fit around you and your needs.
3. We work to your schedule
We deal with lenders on your behalf, so everything from paperwork to negotiation is stress-free.
4. We take away the hassle
We work with all lenders, big and small to give you exclusive access to a comprehensive range of mortgage rates.
5. We’re supportive and friendly
Our highly experienced advisers make the entire buying process painless by taking all the work off your hands.
Extend the borrowing period
Depending upon your personal circumstances, you may be looking to downsize, consolidate and clear debts or switch your current mortgage. If equity release is not a must-have as far as you are concerned, then taking your mortgage into retirement can help in many ways. By extending your borrowing period beyond your retirement date, you do not have to rush to clear your mortgage nor worry about your monthly costs soaring. Some lenders will even prolong the end date of your mortgage up to the age of 85 or longer. We even have products within our vast portfolio that offer interest only repayment options rather than full repayment.
Clear your existing interest-only mortgage
As far as income is concerned, this does not have to all come in from employed income; it can be made up of a mix of pensions, investments, benefits or even rental income if you have Buy to Let properties.
There has been quite an increase in clients coming to us who have existing mortgages coming to an end and find that their endowment policies are not sufficient to cover the remaining balance or even have no repayment vehicle in place at all. Once we have examined their circumstances fully and looked at the various mortgage products available, we often find that a Retirement Mortgage or Pensioner Mortgage offers the perfect solution; it offers an end to their worries and full peace of mind that they can enjoy their retirement without mortgage problems.
Re-plan your finances
Retirement Mortgages are particularly popular with clients that are not looking for equity release but purely to re-shuffle and re-plan their finances due to their changing financial situation upon retirement.
Start planning your retirement now enjoy many years of enjoyment and relaxation knowing that your mortgage concerns have been successfully dealt with.
Contact us now and let us help to put in place the ideal Retirement Mortgage to suit you.