Improvements to our criteria so clients in retirement have better mortgage options! 

Our new approach to stress rates makes affordability assessments better tailored to your clients. Borrowing capacity is likely to increase by up to 13% for Interest-Only and up to 9% for Repayment applications.

We've also changed the way we assess Interest-Only applications which have no associated cost to the repayment strategy (such as downsizing or the sale of another property). Assessments are now carried out on a purely Interest-Only calculation regardless of the term length, improving affordability especially for those longer term applications.

See how we can help:

• We take into account income up to the age of 70, or even 75 if your client is in a non-manual role.
  
  
• On a case-by-case basis, other incomes can be considered such as pension pots, investments and fixed pensions.
  
  
• We lend in retirement with higher maximum ages than most lenders, with a maximum age of 95 at the end of term for Repayment mortgages or 89 when the loan commences for Interest-Only and BTL mortgages.
  
  
• We have a common sense approach to lending and every case is manually underwritten by humans not computers.