Low rate Nationwide mortgages for over 70s

UK mortgages for over 70s

  • Remove tax-free money from your property – flexible maximum age
  • Getting a mortgage to move house and buy another property – no problems
  • You don’t need to make monthly payments with some plans
  • Help a family member buy their own home with a modest mortgage
  • Continue to live in your own home for as long as you like
  • Your Requirements

  • Please enter a number from 4000 to 200000000.
  • About You

  • Date Format: DD dash MM dash YYYY
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Over 55 Home owner - flexible age limits
Homeowner in their 60s
mortgages for over 70s
mortgage term - all rights reserved

  • Your Requirements

  • Please enter a number from 4000 to 200000000.
  • About You

  • Date Format: DD dash MM dash YYYY
  • By clicking Submit and ticking the box above you agree to be contacted by an FCA authorised advisor that you have read and agreed to our Terms & Conditions and our Privacy Policy.

interest rates


get a mortgage
Over 70 Home owner
Homeowner in their 60s

https://www.nationwide.co.uk/

Providers for mortgages for over 70s – moderate loan amount

  • Legal and General with a savings account
  • Norwich Union with pension income
  • Key Retirement lending criteria with no repayment charge

The lender will want to know if the property is a Detached freehold house or a Leasehold house and if the resident is an Owner Occupier. For RIO (pensioner interest only) you will need proof of income for repayments on your mortgage and your home may be repossessed if you don’t make the payments like any other interest only payments mortgage.

Downsides of Family building society Schemes – mortgage options with a flexible age limit

A pensioner mortgage with flexible drawdown cash release can reduce the inheritance for your family. Home reversion plans may impact entitlements to benefits. You may need to pay a broker’s fee and you could be exposed to changes in the interest rate with some products.

 

Towns of the UK where mortgages for pensioners over 70 are common – low-risk building societies

  • Newbury
  • Hartlepool
  • Newton Abbot
  • Redruth
  • Princes Risborough
  • Ramsey
  • Sleaford
  • Gainsborough
  • Exmouth
  • Wells-next-the-Sea
  • Arlesey
  • Newquay
  • Edenbridge
  • Windsor
  • Paddock Wood
  • Ashford

 

Examples of business owners with home equity to release – older people mortgage product

  • Cargo handling for air transport activities Buckfastleigh
  • Activities of construction holding companies Mexborough
  • Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes Faringdon
  • Video production activities Berkhamsted
  • Manufacture of telegraph and telephone apparatus and equipment Oldbury
  • Manufacture of other games and toys, n e c Market Weighton
  • Repair and maintenance of ships and boats Loughton with no age cap
  • Investigation activities with firm reference number Castle Cary
  • Property value consultants Wandsworth
  • Repair of communication equipment Doncaster
  • Central banking Shipston-on-Stour
  • Wholesale of tobacco products Cheshunt with firm reference number
  • Manufacture of refractory products Barnes with no upper age limit
  • Operation of gravel and sand pits; mining of clays and kaolin Snodland
  • Security and commodity contracts dealing activities Askern
  • Mining of uranium and thorium ores Hessle
  • Manufacture of electronic measuring, testing etc equipment, not for industrial process control Lostwithiel
  • Manufacture of ceramic sanitary fixtures South Cave
  • Freight air transport Barnard Castle

Halifax Equity Release Schemes

Aviva Drawdown mortgage applicants

Canada Life Retirement Mortgages

Crown Mortgages age restrictions

Pure Retirement funding for loved ones

LV Drawdown mortgage lenders – existing mortgage balance

Aviva Retirement Mortgages

credit broker

eligibility criteria

mortgage applicants - NO Early Repayment Charges

mortgage lenders

What percentage can be released? Need the help of a mortgage adviser for a home loan mortgage comparison and study of mortgage terms?

  • 55% monthly payment life time mortgage Old Mutual Wealth – property market fund
  • 35% LTV compare mortgages plan Shawbrook – flexible age restrictions
  • 25% loan to value interest-only lifetime mortgages Masthaven 1st Charge
  • 30% LTV monthly repayment scheme Equifinance for the existing mortgage balance
  • 45% LTV 25 years lump sum lifetime mortgages Blemain

 

  • Aviva pre long term care plans
  • L&G Legal & General Flexible Max Scheme for loved ones
  • More2Life Capital Choice Plus Plan
  • L&G Legal & General Flexible mortgage calculator
  • More to Life Flexi Choice Voluntary Payment Super Lite
  • Pure Retirement 25 year plan
  • More 2 Life Capital Choice Plus Plan
  • Age Partnership buy to let Schemes
  • Aviva mortgage products
  • More2Life Capital Choice Plus Plan mortgage broker
  • Bridgewater mortgage application
  • Canada Life products registered in England
  • Hodge Lifetime Flexible Voluntary Repayment Plan
  • L&G Legal & General Flexible investment income
  • Pure Retirement Classic Drawdown Lite Plan
  • TSB Lifetime Interest Only Mortgage – guarantor mortgage for others
  • NatWest Interest Only eligibility requirements
  • L&G Legal & General Flexi Max Voluntary Repayment Plan
  • A pure Retirement mortgage provider
  • Stonehaven mortgage deals with mortgage age limit
  • TSB retirement income RIO

It’s very regular to find people seeking out lump sum lifetime mortgages, lumpsum lifetime mortgages or home reversion schemes, however, Age Partnership like Royal London Equity Release are keen to see evidence of your situation in the form of bank statements.

Halifax mortgage lender Equity Release Best Deals

 

What percentage can be released?

The more aged you are and the unhealthier you are the more tax-free cash you can release.  Future house prices and expectation may factor in your search mortgages journey.

Many lenders consider pension income very high quality, not like a job where you can get fired, so mortgages for over 70s can be some of the best mortgage deal options available.  Some mortgage lender companies have more than one trading name.  Also, be careful to make payments on time, your credit history could be important.

When assessing your affordability the lender may take into consideration your car insurance and home insurance.

Locations head offices

Nationwide Head Office address – Swindon
Nationwide Building Society
Nationwide House
Pipers Way
Swindon
SN38 1NW
GPS/Geographical Post Code Only: SN3 1TA

Nationwide Administration Centre address – Northampton
Nationwide Building Society
Kings Park Road
Moulton park
Northampton
NN3 6NW

Portman House Bournemouth Administration Centre
Richmond Hill
Bournemouth
BH2 6EP

Some financial institutions are located copper row se1 2lh.