18 August 2017
The Family Building Society have shared some real life case studies where they have helped customers by lending into retirement.
Jane and Mike: Both retired, aged 66 and 70 (respectively) and needed a mortgage for their new home until they were able to sell their current flat. They needed a mortgage that would permit early repayments, once they had the funds.
Result: They provided a new flexible mortgage that allows early repayments.
Terence: Aged 75 and his current lender was unable to increase the term of his mortgage past the age of 75.
Result: They offered a new mortgage that takes him into his 80s.
Roger: Aged 73 and his previous mortgage lender wouldn’t extend his term due to his age. However, he wanted to stay in his own home.
Result: Thanks to Family BS he can remain in his existing home with a 14 year term mortgage
If you have anything similar then get in touch with them on telephone 01372744155 or email firstname.lastname@example.org