Retirement Mortgage Broker Manchester
Planning for retirement is a big step, and a retirement mortgage could be the solution that helps you achieve financial stability in your later years. Designed specifically for those aged 55 and over, retirement mortgages offer flexible options, allowing you to release equity from your home or secure the property that best fits your lifestyle. Our expert advisors are here to guide you through the process, ensuring you find the right mortgage tailored to your needs—all with 100% fee-free service.
Speak to an advisor today!
What is a Retirement Mortgage?
A retirement mortgage is designed for individuals over 55 who want to access the equity in their property or secure financing for a new home. Unlike traditional mortgages, retirement mortgages offer greater flexibility, allowing you to manage payments according to your retirement financial situation. Whether you’re looking to stay in your current home, downsize, or move closer to family, a retirement mortgage can provide the financial freedom you need without having to sell your home or dip into savings.
You retain full ownership of your property, and repayments can often be structured to suit your needs through regular or deferring payments until the property is sold or you move into long-term care. Our expert advisors will help you explore your options, ensuring that your retirement mortgage is tailored to your individual circumstances and goals.
100% Fee free
Mortgage Options When Retired
As you enter retirement, several mortgage options are available, whether you’re looking to access equity, pay off an interest-only mortgage, or move to a new home. Retirement mortgages can include interest-only, equity release, or traditional repayment options, each tailored to fit your financial situation.
Choosing the right product involves considering your income, property plans, and whether the mortgage is in one or joint names. Our expert advisors can guide you through the best options, ensuring you find the right solution to suit your retirement goals.
Contact us today. 8am – 10pm
7 days a week
0161 710 2587
Can I Get a Mortgage Once Retired?
Yes, getting a mortgage once retired is possible and can be a smart financial move, depending on your circumstances. Many retirees seek mortgage solutions to release equity from their homes, pay off existing interest-only mortgages, manage debts, or buy a new property that better suits their lifestyle in retirement.
Securing a retirement mortgage works similarly to traditional mortgages, with lenders considering factors like your age, your partner’s age (if applicable), the purpose of the mortgage, your income—including pensions—and your overall financial situation, including expenses and any existing debts. Retirement mortgages also offer options like interest-only payments, allowing you to keep monthly costs low while securing your desired home.
Our later-life mortgage advisors are experts in guiding you through these decisions, ensuring that you understand all aspects of each product, from repayment structures to potential risks. We also encourage involving your family in these discussions, as their input can be valuable when making decisions that impact your future. Including them early in the process can provide additional peace of mind for everyone involved.
Get Started With Your Mortgage Today 100% Fee Free
51 Customer Reviews
Excellent Service
Excellent service from David, he secured my remortgage deal 2 years ago and he is always very helpful. He went above and beyond to get the best deal for me for my current mortgage and is always there to reassure me and offer advice and the best deals to go with.
Nicholas Ward
Call Us On 0161 710 2587
Email Us At enquiry@searchmortgagesolutions.co.uk
Buy Your Dream Home
We offer our services to you at no cost, so why wait? Search Mortgage Solutions Mortgage brokers Manchester are here to help.
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Mortgage Advice
Simply give us a call or fill out the form
We are here 24/7 providing customers with expert advice and solutions for their next mortgage, whether that’s for a New Home, remortgage or but to let.
Manchester Mortgage Broker Rated 5 stars on Google
Of Mortgage Deals
We have access to the whole of the market of mortgage providers and because we don’t charge a fee, this can mean a savings for you of hundreds of pounds.
Buy Your Dream Home
We offer our services to you at no cost, so why wait? Search Mortgage Solutions Mortgage brokers Manchester are here to help.
News
What happens if a mortgage application gets rejected?
It is not uncommon for lenders to reject mortgage applications. If your application gets denied, you will instinctively want to reapply with another vendor. Before … Read more
Buying property as a limited company
If you are thinking of purchasing a buy-to-let property, do not let the high taxes deter you from doing so. Buying through a limited company … Read more
Will student loans affect me buying a house?
With an increase in university fees, more and more people are being forced to take up student loans. These loans are expensive, and it might … Read more
Mortgage Advice
Simply give us a call or fill out the form
We are here 24/7 providing customers with expert advice and solutions for their next mortgage, whether that’s for a New Home, remortgage or but to let.
Manchester Mortgage Broker Rated 5 stars on Google
Of Mortgage Deals
We have access to the whole of the market of mortgage providers and because we don’t charge a fee, this can mean a savings for you of hundreds of pounds.