Here at the Family Building Society we have a focus on people who are not well served by the mass market, such as those approaching or in retirement.

What makes us different?

• We have a personal approach to lending and manually underwrite all our mortgages.
• We offer generous mortgage terms for older borrowers:
  • Owner Occupier repayment mortgages – up to a maximum age of 95 at the end of the term
  • Owner Occupier interest only and Buy to Let mortgages – up to a maximum age of 89 when the loan commences
• We’ll take into account earned income up to the age of 70 and pension income beyond that.
• We can also accept rental and investment income that can be evidenced on an SA302.

Take a look at our case studies below to see how we’ve helped people by lending into retirement. Why not share our real-life stories with your clients!

Robert and Cheryl: A retired couple, aged 75 and 64 respectively, who wanted to delay downsizing. Their previous lender wouldn't extend their mortgage due to Robert’s age.
Result: We offered the couple a new interest only 12 year term mortgage. Read their case study.

Terence: Aged 75 and his previous mortgage lender was unable to increase the term of his mortgage past the age of 75. He wanted to stay in his own home.
Result: We offered Terence a new interest only mortgage that takes him into his 80s. Read his full story.

David and his wife: Both retired and not ready to downsize, they wanted to boost their monthly income but felt an equity release product didn’t quite meet their needs.
Result: Our Retirement Lifestyle Booster mortgage provides the couple with a regular fixed monthly payment for 10 years. Read their full story.

Do you have anything similar on your books?

We can help with older clients that you may have difficulty placing. So if you have any questions or have a case you would like to discuss, please contact your local Business Development Manager or our Mortgage Desk.