• Open at 9:00am Today
    • Monday - Thursday 9:00am - 8:00pm
    • Friday 9:00am - 5:30pm
    • Saturday 9:00am - 5:00pm
    • Sunday Closed All Day

    • Our Address

      Key, Baines House,

      4 Midgery Court, Fulwood,

      Preston, PR2 9ZH

  • UK FREEPHONE 0808 252 9170
Home
Later life mortgages
Retirement repayment mortgage

Retirement repayment mortgages

Key also offer advice on retirement repayment mortgages, available to anyone

What is a retirement repayment mortgage?


A mortgage is a loan secured against your property. Most mortgages tend to run for 25 years, but if you thought you were too old for a retirement repayment mortgage or can't find a conventional one to meet your needs, that's where our expert mortgage advisers can help.
  • Mortgages are available to borrowers of all ages
  • The loan term is based on your needs
  • The mortgage may be on a capital repayment or interest-only basis – there's also a retirement interest-only mortgage for those over 55 and in retirement
  • It's a loan secured against the value of your home
  • Mortgages can be used to buy a new property, re-mortgage an existing one, or release additional funds

Things to consider

A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

We charge an advice fee of 1.99% of the amount released, subject to a minimum of £1,499, usually payable when the mortgage completes.

Page last updated: Monday 12 April 2021