Recently we helped a 62-year-old client nearing the end of their mortgage term. Facing intense pressure to pay off the loan, the client feared they would be forced to sell their family home. > Key obstacles included: Age: He required a mortgage term extending to retirement at age 80. Income: Reliant on self-employed earnings from the most recent year’s accounts. Credit history: Past blips meant limited access to many other lenders. End-of-Term pressure: Risked losing home due to lender’s demand for full repayment. Interest-Only preference: Needed to keep monthly payments manageable. > Our Specialist Lending Solution Extended term: Approved a 17-year mortgage aligned with retirement plans. Interest-Only structure: Offered a £300,000 loan with affordable monthly payments. Can-do underwriting: Accepted the latest accounts, viewing minor credit issues as immaterial. Our client told us that our service ...
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