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Hodge Lifetime's 55+ Interest Only Residential Mortgage Now Available In Scotland

30 August 2017

Hodge Lifetime

Hodge Lifetime has now launched their over 55’s interest only residential mortgage in Scotland from the 4 September.

Below are some of the product highlights:

  • Available to applicants between ages of 55 - 85
  • Free standard legal fees on re-mortgage cases
  • Free survey for properties worth up-to £350k*discounted thereafter
  • Loan terms from 5 years up to the youngest borrower’s 95th birthday
  • Repayment vehicles include downsizing, sale of other UK properties or investments
  • Salary, self-employed, pensions, investments, rental income all accepted for affordability
  • Loans available for purchase, capital raising and re-mortgage from £20,000 - £500,000
  • Choice of rates from 2.99% (variable) 3.10% (2 year fix) and 3.30% (5 year fix)
  • Interest only mainstream mortgage – No ER qualification required

 Find out more about this product


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