If you think it can’t be done, call Martland Mortgages 01704 808 286
9am – 9pm Seven days a week
We’re all living longer and it’s not unusual to have multiple careers throughout our lifetimes so why shouldn’t mortgages be as flexible as your career?
Unfortunately, the bulk of lenders won’t lend into retirement. However, we have access to a carefully selected pool of lenders who are willing to consider mortgages until well after the usual retirement ages so get in touch and we may very well be able to help!
Lenders aren’t too concerned about what account you have but will need to see statements proving your income and giving a good representation of your outgoing expenditure on bills, entertainment & living!
It’s all about affordability these days and lenders want to be sure that you can afford to repay the loan, not just now but if your circumstances or mortgage rates change.
Lenders really don’t like to see evidence of Payday loans on your bank statements or credit history as to them, it looks like you may have affordability problems when it comes to paying your mortgage payments every month.
Ideally, leave it 1-2 years after your last Payday loan before considering a mortgage but we understand everyone’s circumstances are unique & individual to them so give us a call on 01704 808286 or make a mortgage enquiry and we’ll have a better of idea of what’s possible.