It’s never too late to get your mortgage with Pendle Hill Properties and Fairstone!
Are you over 55? Looking to secure your forever home? Pendle Hill Properties in conjunction with mortgage experts Fairstone are here to help!
We have seen a dramatic increase in the number of people aged over 55 taking out mortgages in the past 12 months, with the pandemic, stamp duty holiday and extremely low borrowing rates all having an impact.
A trend which has been witnessed across the wider housing market, banking trade body UK finance has reported that over 55’s borrowed £28.1billion in 2021, as well as signing up for 187,120 loans.
So what does all that mean for you? With the most mortgages being taken out by your age group since records began in 2014 and borrowing rates at a low level, now is the time to chase that dream home.
Have your circumstances changed? Maybe you are still living in your three/four bedroom family home but now you only use one of them (except when the grandkids come to stay over…)? Now might be the time to downsize.
Have you also got one eye on your retirement plans? Moving into an area that fits more with your pace of life might be next on the agenda and moving home now is your opportunity to avoid the stress of moving in 10 years time.
The pandemic, for many, and especially for those in the 55+ age group, has also provided an opportunity to re-assess work-life balance. Are you spending more time at home now and looking to spend more time in the garden and doing the things you love?
Whatever your scenario and your requirements, we can help you achieve that goal.
We appreciate finding the right mortgage for you and your individual circumstances is paramount.
With the products on offer from lenders always changing, we work with Fairstone to offer the best solution.
Fairstone’s mortgage experts understand the complex property market, so you don’t have to, and with the experience needed to identify trends and work through any challenges which may arise, they will do everything to secure a deal that is right for you.
To talk to us about your mortgage options, call 01282 965 425 or email info@pendlehillproperties.co.uk.