Older borrowers, new opportunities

Later life lending is becoming an increasingly important part of the UK mortgage market, driven by longer mortgage terms, extended working lives and more complex income profiles.

In our recent article with Mortgage Introducer alongside Livemore, we shared insights on how later life lending is evolving and what this means for advisers supporting clients with longer‑term borrowing needs. The discussion highlights that borrowing later into life is no longer a niche scenario and, in many cases, starts much earlier than borrowers expect.

The article explores how traditional affordability models can struggle to reflect the full picture for later life borrowers, particularly where income is made up of pensions, savings, investments or rental income. It also underlines the importance of early planning and tailored affordability assessments to support responsible lending outcomes throughout the mortgage term.

For advisers, understanding how later life lending fits into a client’s long‑term plans is becoming increasingly important, especially where mortgages may extend well into retirement. Read the full article below:

Mortgage Introducer