If you are currently of retirement age and considering a new mortgage, don’t despair as there are still options available to you. Admittedly these options may be limited as the majority of mortgage lenders simply do not lend to this particular niche in the mortgage market. Retirement mortgages are available from a select few mortgage lenders as long as your credit file is clear and your retirement income is sufficient for the mortgage you are applying for. Speak to your broker about assessing affordability based on the lender’s calculations as these change form lender to lender. Whether you are being forced to re finance your mortgage because your current deal is about to expire, or your current lender can’t extend the mortgage term due to their criteria. Or do you just want to re finance your property to extend the mortgage term or perhaps move to a repayment mortgage from interest only? We have lenders that are willing to consider you mortgage application regardless of your age. The lenders will assess your application based on your provable income into retirement which can be from any of the following sources: If you would like further details please do not hesitate to contact us on 0845 6033 173 or complete our quick enquiry form.