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It's always crucial to speak with a company like UK Moneyman.
We offer a truly holistic over 50s lending approach.
All mortgage offers are valid for a fixed amount of time. Typically, they will last between 3 - 6 months, depending on the lender.
6 mins read
Let's take a look at the different types of mortgages available and what you could afford based on your current income
4 mins read
You usually need a large deposit to get a mortgage and buy a home – typically at least 5% of the property's value.
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There isn't a specific credit score that you need, but the higher your score the more likely your mortgage application will be accepted.
Repayments are calculated using the size of your mortgage, the interest rate from your lender, and the term of your contract.
After having an offer accepted on a property and applying for a mortgage, on average it can take weeks to get a mortgage approved.
Which mortgage type could be the best option for you? Here's our quick guide to the different types of mortgages, with their pros and cons.
5 mins read
A lifetime mortgage is a type of equity release, secured against your home to allow you to release tax-free cash without needing to move out.
Lenders may have their own rules, but typically someone who is 65 may be able to get a mortgage over the age of 65.