WHATEVER YOUR AGE, YOU CAN APPLY FOR A MORTGAGE

Later life lending 

Can I get a mortgage at 60? 65? 70? Whatever your age, the answer is ‘Yes!’ with Leek United – because our mortgages have no upper age limit!

  • Up to 80% loan to value*
  • Applications assessed on their merits, not your age
  • Free face-to-face mortgage advice in branch or over the phone from the comfort of your own home

This type of borrowing can be a good option if you can afford to pay back the capital and the interest payments and want to pay off the entire mortgage by the end of the term.

If you're looking for borrowing into or in retirement, speak to one of our friendly mortgage advisers to find out more.  Enquire below, visit us in branch or call

0808 169 6681

Call us free between 9am - 5pm (Monday - Friday) to make an appointment with one of our Qualified Mortgage Advisers.

Appointments available between:

8am - 7pm Monday - Thursday

8am - 5pm - Friday

9am - 4pm - Saturday

If you call outside these hours please leave a message and we will call back as soon as possible during office hours.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Later Life Lending - fixed rate products

Product Product Fee Application Fee Initial Rate Reverting to standard variable rate currently Overall cost for comparison Terms and Conditions
2 Year Fixed Rate (Interest Only)** - up to 75% Loan to Value £0 £0 3.60% Fixed until 30 June 2022 5.69% 5.5% Annual Percentage Rate of Charge (APRC)* View
2 Year Fixed Rate - up to 90% Loan to Value £0 £0 2.34% fixed until 30 June 2022 5.69% 5.3% Annual Percentage Rate of Charge (APRC)* View
5 year Fixed Rate - up to 90% Loan to Value £0 £0 2.60% Fixed until 30 June 2025 5.69% 4.8% Annual Percentage Rate of Charge (APRC)* View
5 Year Fixed Rate - up to 90% Loan to Value WITH £250 CASHBACK £895 £100 2.40% fixed until 30 June 2025 5.69% 4.8% Annual Percentage Rate of Charge (APRC)* View
2 Year Fixed rate - up to 75% Loan to Value £895 £100 2.00% fixed until 30 June 2022 5.69% 5.3% Annual Percentage Rate of Charge (APRC)* View
2 Year Fixed Rate - up to 75% Loan to Value £0 £0 2.20% Fixed until 30 June 2022 5.69% 5.3% Annual Percentage Rate of Charge (APRC)* View
5 Year Fixed Rate - up to 75% Loan to Value £0 £0 2.50% Fixed until 30 June 2025 5.69% 4.8% Annual Percentage Rate of Charge (APRC)* View

* The actual rate available will depend upon your circumstances.  Ask for a personalised illustration.

Completion must take place on or before 30 June 2020.  Please note that if your mortgage does not complete by 30 June 2020, you will not benefit from the full fixed rate period quoted for that product.

*No maximum age.  Each case is assessed on it’s own merits. Loan to value (LTV) restrictions will apply based on age at the end of the mortgage term:-

In to retirement                         -  80% LTV

In Retirement                            -  70% LTV

 

**If you choose an interest only mortgage, you must have a clearly understood and credible repayment strategy in line with the Society’s responsible lending criteria.

Later Life Lending - discount products

Product Product Fee Application Fee Initial Rate Reverting to standard variable rate currently Overall cost for comparison Terms and Conditions
2 Year Discount - up to 90% Loan to Value £0 £199 1.90% Variable for 2 years (our standard variable rate minus 3.79%) 5.69% 5.3% Annual Percentage Rate of Charge (APRC)* View
2 Year Discount - up to 75% Loan to Value £0 £199 1.59% Variable for 2 years (our standard variable rate minus 4.10% discount) 5.69% 5.2% Annual Percentage Rate of Charge (APRC)* View
Interest Only 2 Year Discount - up to 75% Loan to Value** £0 £0 2.40% Variable for 2 years (our standard variable rate minus 3.29% discount) 5.69% 5.3% Annual Percentage Rate of Charge (APRC)* View
2 Year Discount - up to 75% Loan to Value £0 £0 1.79% variable for 2 years (our standard variable rate minus 3.90% discount) 5.69% 5.2% Annual Percentage Rate of Charge (APRC)* View
2 year Discount - up to 90% Loan to Value £0 £0 2.10% Variable for 2 years (our standard variable rate minus 3.59% discount) 5.69% 5.3% Annual Percentage Rate of Charge (APRC)* View

* The actual rate available will depend upon your circumstances.  Ask for a personalised illustration.

Completion must take place on or before 30 April 2020.  Please note that if your mortgage does not complete by 30 April 2020, you will not benefit from the full fixed rate period quoted for that product.

*No maximum age.  Each case is assessed on it’s own merits. Loan to value (LTV) restrictions will apply based on age at the end of the mortgage term:-

In to retirement                         -  80% LTV

In Retirement                            -  70% LTV

 

**If you choose an interest only mortgage, you must have a clearly understood and credible repayment strategy in line with the Society’s responsible lending criteria.