Lending into Retirement

lending into retirement

At Monmouthshire Building Society we offer residential mortgage borrowing for customers who are entering into or who are already in retirement.

Our standard residential products allow the loan to be repaid up to the age of 85, subject to a maximum term of 35 years*.

There may be number of factors which will contribute to your decision whether to borrow into or in retirement. If you wish to discuss these further, please contact us for more information.

The Building Societies Association has published an information guide titled 'Can I get a mortgage at my age?', which provides further information about borrowing into and in retirement.

*If Interest only is selected and downsizing is to be the repayment vehicle, the maximum age allowed at the end of the term is 75