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2nd October 2019 - Older Borrower range
Older Borrower range
A straightforward view on affordability
We’re experts in later life lending and when it comes to our Older Borrower range, we take a straightforward view on affordability.
For your clients looking to borrow into or during retirement, we look at their actual or projected pension income.
If your client is still working, we can consider employed or self-employed income to support pension income up to the age of 75, and have, in certain cases, gone beyond this.
We’ll accept income from property and investments as long as this can be evidenced.
We’ll accept downsizing as a repayment vehicle for interest only mortgages.
Fixed rates from: 2.79%
•Product code: FXR620
•2 year fixed to 31.12.2021
•Up to 60% LTV
•No booking fee
•Arrangement fee: £998
Free valuation on properties up to £500,000
Fee assisted legals on remortgage cases
5% overpayments each year
For more information, get in touch with our Intermediary Support Team on 01282 440583.
Or visit our Older Borrower page: https://www.themarsden.co.uk/intermediaries/products/older-borrowers/