{"id":1275,"date":"2022-09-21T11:04:30","date_gmt":"2022-09-21T10:04:30","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/quilter\/?p=1275"},"modified":"2022-09-22T13:11:58","modified_gmt":"2022-09-22T12:11:58","slug":"mortgages-for-over-65s-mission-possible","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/quilter\/2022\/09\/21\/mortgages-for-over-65s-mission-possible\/","title":{"rendered":"Mortgages for over-65s \u2013 mission possible!"},"content":{"rendered":"<div class=\"hd-block hd-block-paragraph\">\n<p><strong>Are you over\nsixty-five and finding it challenging to get a mortgage? You\u2019re certainly not\nalone, according to recent findings<sup>1<\/sup>.<\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>With the number\nof people in the UK aged over 65 soon expected to surpass those aged 18 and\nunder, just 37% of potential borrowers aged 65 and over are offered the size of\nloan requested, compared with 75% of younger borrowers; despite the average\nloan request being much lower for older borrowers (\u00a3100,000 for older borrowers\nversus \u00a3216,750 for those aged under 65 \u2013 March 2022).<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Lenders are\nlooking for evidence that you will be able to make the repayments for the\nentire term of your mortgage. It\u2019s also important to be able to demonstrate\nthat you\u2019re a responsible borrower with a stable income. Getting a mortgage as\nan older borrower is not mission impossible; whatever your circumstances, we\ncan help.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><sup>1<\/sup>MBT\nAffordability Index, 2022<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong><em>It is important to take professional advice before making any\ndecision relating to your personal finances. Information within this article is\nbased on our current understanding and can be subject to change without notice\nand the accuracy and completeness of the information cannot be guaranteed. It\ndoes not provide individual tailored investment advice and is for guidance\nonly. Some rules may vary in different parts of the UK.<\/em><\/strong><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Are you over sixty-five and finding it challenging to get a mortgage? You\u2019re certainly not alone, according to recent findings1. With the number of people in the UK aged over 65 soon expected to surpass those aged 18 and under, just 37% of potential borrowers aged 65 and over are offered the size of loan [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":307,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,76],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/1275"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/comments?post=1275"}],"version-history":[{"count":1,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/1275\/revisions"}],"predecessor-version":[{"id":1276,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/1275\/revisions\/1276"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media\/307"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media?parent=1275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/categories?post=1275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/tags?post=1275"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/hd_content_source?post=1275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}