Later Life Lending and Mortgage Advice in Cheltenham

TYPICAL PROBLEMS AND CONCERNS ARE

You may be approaching retirement with an interest-only mortgage outstanding and no obvious way to repay it.

You may have been quoted an unaffordable repayment figure for your new mortgage because they will only lend up to a certain age.

You may be self-employed and planning to work well past the state retirement age but struggling to extend your mortgage through to your planned retirement.

You may be considering early retirement but are concerned that you can't afford do so because of the outstanding mortgage. 

You may want to help your children get on the housing ladder but unable to raise required money due to your age.

You may want to move closer to your children and grandchildren who live in a more expensive area but have been told you can't afford the additional mortgage.

You may feel under pressure to trade down to a smaller property but don't wish to leave the house you have lived in your whole life.

You may have lost a partner and suddenly find yourself on a much reduced income.

You may have heard about Equity Release but have serious misgivings about the effect on your future security and inheritance for your children.

HOW WE CAN HELP

At Strictly Mortgages we have a wealth of experience and can often come up with surprising solutions for the above problems.

After analysing your circumstances we will advise you whether it is appropriate to apply for some form of lending into retirement or possibly an equity release arrangement, or whether we think some other solution may be better.

We will explain your options and explain the differences between the various types of lending.
As a starting point you may wish to read the website pages explaining Lending into Retirement and Equity Release. 

But for FREE ADVICE tell us what your problem is on the Enquiry Form below and we will get back to you as quickly as possible with an expert answer to your questions and guidance as to the best course of action.