Min / Max Age

• At application, all applicants must be at least 18 years of age.
• All loans must be repaid by the 81st birthday of the oldest applicant.

Retirement

The percentage of the mortgage term occurring after their 71st birthday must be less than 25% of the overall mortgage term.

Where the applicant is within 15 years of retirement (declared retirement age or their 71st birthday, 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 applicant is more than 15 years from retirement and the term exceeds their 71st birthday, 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