My husband are in our 50s can we still get a mortgage
| Related: | Personal Finance•Money•Mortgages |
we are both in our 50s were living abroad running a bar we then moved back to britain and would like to buy a house with no deposit are there lenders that would help
Answers (3)
Not without a deposit, no. You will need at least 20% these days. There are a very few that will lend more but none offering 100%.
Compare mortgages here:
http://www.money.co.uk/mortgages.htm
Hi,
Just to add that being in your 50s shouldn't be a problem, so long as you don't want your mortgage duration to run past your normal retirement age.
It's not your age that's the problem, it's the lack of deposit unfortunately :(
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