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Mortgage for Over 60s in Cardiff

Being over the age of 60 doesn’t stop you getting a mortgage!

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Mortgage for Over 60s in Cardiff

Explore your options with various mortgages for over 60s.

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Why are you looking to remortgage?

What is your main source of income?

Do you live in the property you're looking to remortgage?

Can you let us know your age group?

For joint applicants, please select the youngest group

What best describes what you are looking to achieve?

Please tell us more about your current situation and what you're looking to achieve

Include as much detail as possible

Which stage are you currently at?

How much deposit do you have available?

What percentage deposit do you have available?

What is your main source of income?

Select as many options as you like

Are you an existing buy to let property owner?

Do you own a residential property?

Can you evidence a minimum income of £25,000 p/a?

Can you tell us more about the deposit you have available?

Please tell us more about your current situation and what you're looking to achieve

Include as much detail as possible

What best describes what you are looking to achieve?

Please tell us what you are looking to achieve

Include as much detail as possible

Do you have at least 30% deposit or equity available?

Please tell us about your current situation and why it's complicated

Include as much detail as possible

Are you a property owner?

With or without a mortgage

Are you currently?

Do you have an offer of a job that is due to start in the next 90 days?

Is all of your income currently from state benefits?

Which type of insurance are you looking to take out?

Select as many options as you like

Please tell us what age bracket you fall into?

Please tell us a little bit more about your situation which would support your application

How can we help?

Please provide as much detail as possible below

What are you looking to achieve?

What type of property are you buying?

Please tell us about your current situation and why it's complicated

Include as much detail as possible

What stage are you currently at?

How much deposit do you have available?

What type of property are you looking to purchase?

Is the house a new build or part of a shared ownership scheme?

How would you describe your credit history?

Would you be able to give us an overview of your credit history?

Please go into as much detail as possible, including type (e.g. CCJ, default, etc.), amount and the date issued if available

What is your main source of income?

Select as many options as you like

What is your total household earned income p/a?

£

Kindly provide your contact details below

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Kindly provide your contact details below

Once you've provided your contact details below, you'll be able to select a date and time for your free initial mortgage appointment.

By clicking “Schedule Date/Time Online” you agree for UKMM Limited to contact you to discuss your requirements. Full details on how we process your personal data and your rights as a data subject can be found in our privacy policy.

Kindly provide your contact details below

By clicking “Submit” you agree for UKMM Limited to contact you to discuss your requirements. Full details on how we process your personal data and your rights as a data subject can be found in our privacy policy.

How long have you been self employed?

What are you looking to achieve?

Kindly provide your contact details below

Once you've provided your contact details below, you'll be able to select a date and time for your free initial mortgage appointment.

By clicking “Schedule Date/Time Online” you agree for UKMM Limited to contact you to discuss your requirements. Full details on how we process your personal data and your rights as a data subject can be found in our privacy policy.

Congratulations! You qualify for an appointment.

Please fill out your details below and we will show you the Calendly booking widget.

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Congratulations! You qualify for a specialist appointment.

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Congratulations! You qualify for an equity release appointment.

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Congratulations! You qualify for a bridging loan appointment.

By clicking “Schedule Date/Time Online” you agree for UKMM Limited to contact you to discuss your requirements. Full details on how we process your personal data and your rights as a data subject can be found in our privacy policy.

Congratulations! You qualify for a protection review.

Please fill out your details below and we will show you the Calendly booking widget.

By clicking “Schedule Date/Time Online” you agree for UKMM Limited to contact you to discuss your requirements. Full details on how we process your personal data and your rights as a data subject can be found in our privacy policy.

Congratulations! You qualify for a secured loan appointment.

Please fill out your details below and we will show you the Calendly booking widget.

By clicking “Schedule Date/Time Online” you agree for UKMM Limited to contact you to discuss your requirements. Full details on how we process your personal data and your rights as a data subject can be found in our privacy policy.

Thank you!

Your details have been received. We will be in touch soon.

Sorry, we are unable to help at this moment.

Currently, we are only able to help bridging loan customers who have a 30% deposit or sufficient equity available. In the meantime, feel free to follow us on social media to keep up to date with the latest mortgage market updates or visit our helpful guides section on the website for bridging finance hints and tips.

Stay connected for mortgage tips, market updates, and exclusive content!

Sorry, we are unable to help at this moment.

Currently, we are only able to help existing property owners with secured loans. In the meantime, feel free to follow us on social media to keep up to date with the latest mortgage market updates or visit our helpful guides section on the website for mortgage explainers and tips.

Stay connected for mortgage tips, market updates, and exclusive content!

Sorry, we are unable to help at this moment.

Unfortunately, based on the information provided, we currently don't have any lenders on our panel who can assist with cases where all income is from state benefits. If your situation changes in the future, please feel free to reach out to us again. In the meantime, feel free to follow us on social media to keep up to date with the latest mortgage market updates or visit our helpful guides section on the website for mortgage tips and advice.

Stay connected for mortgage tips, market updates, and exclusive content!

Can I get a mortgage if I'm aged over 60 in Cardiff?

If you’re looking for a mortgage over 60 in Cardiff, rest assured, you have plentiful options. As a mortgage broker in Cardiff, we’re more than ready to help in a multitude of situations:

  • Guidance on remortgaging for individuals who are 60 years of age or over.
  • Aid in purchasing a new residence for those in their 60s or even older.
  • Advice on managing a current mortgage that’s nearing its completion.
  • Equity release programs custom-made for those aged 60 or over.
  • Assistance for individuals facing credit issues or seeking to consolidate debts.
  • Stuck in a tricky situation?

Our mission is to streamline the process as much as possible, regardless of your unique personal circumstances.

Mortgage for Over 60s in Cardiff

The Types of Mortgages for Over 60s

After speaking with our mortgage advisors in Cardiff, we’ll look at your mortgage options. Here are the options we will look at with you:

  • Repayment Mortgages – A popular mortgage option that is available well into your 80s. Given that you meet the required guidelines and demonstrate fiscal sustainability, you may be able to access this.
  • Interest-Only Mortgages – These types of mortgages can be maintained until you’re 80 or beyond. However, it’s crucial that you have a strategy in place to repay the remaining sum upon completion of the term.
  • Blend Mortgages – These are a combination of repayment and interest-only elements, and can be sustained even when you’re over 80.
  • Retirement Interest-Only Mortgages (RIOs) – Appropriate for those aged 55 and above, these mortgages require a monthly payment and are structured to endure for the span of your life.
  • Lifetime Mortgages – This equity release option enables you to secure a lifetime mortgage from the age of 55 onwards, without the obligation of monthly repayments.
  • Home Reversion Plans – With this plan, you transfer the title of your home in exchange for a significant cash sum, along with the assurance of a residence for the remainder of your life.

Mortgage Advice in Cardiff for Clients Over 60

Considering an equity release mortgage over 60 in Cardiff should be seen as a final resort. There is a wide range of mortgage options available to explore with you first.

Speaking with a mortgage broker in Cardiff can prove invaluable when trying to get a mortgage. Getting a mortgage over 60 in Cardiff is not always easy, and that’s why we are here to help! Our role is to evaluate all the mortgage possibilities available to you and strive to find a financial solution that’s cost-efficient over the long term.

You can rest assured knowing that your mortgage advisor in Cardiff will not propose a solution that doesn’t align with your objectives and personal financial standing.

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Important information

Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £995.

You should always think carefully before securing a loan against your property.

A lifetime mortgage will reduce the value of your estate and may affect your entitlement to means tested benefits.

Clearing existing mortgage with a lifetime mortgage may result in higher cost of borrowing.

Mortgages for Over 60s in Cardiff FAQs

Our Customers Love Us

Reviews Stars5.00 Rating17 Reviews

Our Simple 4-Step Process

Arrange a Free Chat

Arrange a Free Chat

Step 1

When scheduling a free initial mortgage appointment with our later life mortgage advisors in Cardiff, we can have an in-depth discussion about your over 60 mortgage options.

Exploring All Options

Exploring All Options

Step 2

While releasing equity and obtaining lifetime mortgages are still viable options, we view them as solutions of last resort. We believe that there may be a more appropriate alternative that is tailored to your unique situation.

Mortgage Application

Mortgage Application

Step 3

Once we find the perfect solution for you, we can begin preparing your mortgage application. From this point, you will be paired with a case manager who will specialise in your case.

Keeping You Protected

Keeping You Protected

Step 4

We will also recommend insurances to take out alongside to financially cover you in the event of your death or diagnosis of a critical illness. This is just a recommendation, not an obligation.

Reasons to Choose Us

Free Initial Appointment in Cardiff

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We offer a free initial mortgage appointment to every customer. This can be readily organised by booking online or giving our team a call to start your process.

During this discussion, we will examine your individual and financial situation to determine which mortgage choices may be most beneficial for you in your circumstances.

Our Service

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As your mortgage broker in Cardiff, we are here to help through your whole mortgage journey, from start to finish!

Our goal is to take all of the stress away from getting a mortgage over 60 in Cardiff. We undertake all the necessary paperwork and try to find the perfect mortgage product that aligns with both your personal and financial circumstances.

20+ Years of Experience

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For more than twenty years, we have been helping clients secure a mortgage over 60 in Cardiff. Regardless if the situation is intricate or straightforward, we’re confident in our expertise to support you.

Our mission is to provide clear and proficient mortgage advice in Cardiff, accompanying you at each stage of the process. We guarantee to keep you completely in the loop and involved throughout the entire procedure.

7 Days a Week

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Our committed team stands by to support you seven days a week, even working the majority of bank holidays. We strive to be accessible at times which suit you best.

Regardless of whether it’s early morning or evening, we’re prepared to answer all your questions concerning obtaining a mortgage over 60 in Cardiff.

Malcolm and Amy Davidson - Mortgage Advice in Newcastle

We Search 1000s of Mortgage Deals in Cardiff

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Types of Mortgages For Over 60s in Cardiff

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Cardiffmoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.

UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.

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