Min / Max Age

• At application, all applicants must be at least 18 years of age.
• All loans must be repaid by age 80 of the oldest applicant

Retirement

Where the applicant is within 15 years of retirement (declared retirement age or age 70, whichever is lower), evidence of post retirement income is required. Affordability will be assessed using the lower of either the applicant's current income or their post retirement income to ensure the mortgage will continue to remain affordable.

Where the applicants is more than 15 years from retirement and the terms exceeds age 70, your client will need to be part of a company or private pension scheme. We will accept as evidence:

• Annual pension statement
• Pension details supplied by the pension provider
• Payslips showing the applicants pension contributions

The percentage of the mortgage term occurring after age 70 must be less than 25% of the overall mortgage term.