How to Get a Mortgage Over 40

The average age of a first-time buyer in the UK is 32 and 33 in London, and this is undoubtedly on the rise. With this in mind, we discuss how age might affect your ability to get a mortgage. So how do you get a mortgage if you’re over 40? In this second to the last episode of series 8 of the Move iQ Podcast, Phil Spencer is joined by Tom Atley, Mortgage Adviser at Trussle to share advice on getting a mortgage if you’re 40+. What’s discussed in this episode? Listen in to find out: How lenders are increasingly flexible What lenders offer The lookouts when considering a lifetime mortgage Lenders that might lend up to your 80th birthday and beyond Brokers know the lenders and what their criteria are for longer-term mortgages Interest-only Vs re-payment mortgages   Thank you for listening to the Move iQ podcast!   If you enjoyed the show, please subscribe via your favourite podcast app and don’t forget to leave a review!   We want to thank the sponsor of our show We are delighted to be working with trussle.com, they are FCA regulated mortgage advisors.   Trussle were the first online mortgage broker and they have indeed been voted the best mortgage broker!   They are a hassle-free, fee-free way of getting a mortgage and they are the only broker with a 5-day speed promise.   Always remember: your home may be repossessed if you do not keep up repayments on your mortgage. Terms and conditions apply to the mortgage decision promise.   Find out more about Move iQ Subscribe to our newsletter and get Phil’s advice direct to your inbox. We share regular tips, tricks and market updates – join us, it’s free!   Please also connect with us on Facebook, Instagram, Twitter or LinkedIn. If you have any questions for Phil or any special requests for topics to cover on the podcast then we’d love to hear from you, email us at [email protected]   We’ve also got lots of great videos over on YouTube, so be sure to subscribe to Move iQ’s channel and let us know what you think.