Older Borrowers

lending into retirement

At Monmouthshire Building Society we offer residential mortgage borrowing for customers who are entering into or who are already in retirement and are located within our regional lending area defined as postcode areas NP, CF, SA, LD, WR, GL, HR, BS, BA, SN, RG, OX, SY and TA.

Our standard residential products allow the loan to be repaid up to age 75, subject to a maximum term of 35 years.

Our older borrower products are available for repayment before the main earner applicant reaches the age of 85, subject to a maximum repayment term of 35 years. See our older borrower products or mortgage bulletin for more information.

Mortgages on our Older Borrower products are available to applicants up to a maximum of 50% Loan to Value, subject to an affordability assessment being carried out.

View our Older Borrower Products>>

Brokers must have a Certificate in Regulated Equity Release qualification in either CeRER or Certs CII MP & ER.