We know your clients won’t always fit the mould. That’s why we offer flexible solutions for later life lending.
Did you know that we can use up to 90% of the value of a pension pot (even if it’s not in drawdown) or investment, split over the mortgage term?
A summary of some of the pricing changes are noted below:
How can we help?
- We take into account earned income up to the age of 70, or even 75 if the client is in a non-manual role
- Other income can be considered on a case-by-case basis, such as:
- State and private pensions
- Rental income
- Investment portfolios
- Stocks and shares ISAs
- Remuneration drawn by limited company directors (where the applicant is not actively running the day-to-day business operation)
- We lend in retirement with higher maximum ages than most lenders:
- Owner Occupier repayment mortgages, up to a maximum age of 95 at the end of term
- Owner Occupier Interest-Only and Buy to Let mortgages, up to a maximum age of 89 when the loan commences
- We have a common sense approach to lending and use human beings, not robots, to underwrite each case. This means we can tailor our solutions to each of your client’s needs
For more details contact our 1APP help team or simply use 1APP
To discuss a case call 0330 127 0000
or email newbusiness@allmoneymatters.co.uk
Refer your case to us call 0330 127 0001
or email info@allmoneymatters.co.uk