Major UK Lenders raise Mortgage Age Limit

UK high street lenders Halifax and Nationwide have raised their mortgage application age limits. Reflecting the changes to the UK’s population which is aging and also the level of equity many older home-owners have in their property - built up during decades of rising house prices - the increase doesn’t mean older home-owners will be saddled with debt they cannot repay, the lenders warned.

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New 100% Mortgage Arrives: What You Need to Know

Renting can be a great option for so many reasons. It can provide you with more freedom, there’s no need to pay for maintenance costs and you don’t need building insurance. It could also enable you to live in a better place than you could ever afford if you bought a property yourself.

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