Individuals aged over 50 often wonder if they can still qualify for a mortgage. As a mortgage broker in Durham, here are the key areas where we can help:
By working with a dedicated mortgage advisor in Durham, you can access expert guidance for your circumstances.
If you’re over 50 and live in Durham, you can explore five primary mortgage options, either individually or jointly:
Our expert mortgage advisor, are here to guide you through these options with expert mortgage advice in Durham tailored to your situation.
The age limit for completing a mortgage typically ranges from 70 to 85 years.
This means individuals over 50 can still access a wide variety of mortgage options, provided they meet the lender’s affordability standards.
As an experienced mortgage broker in Durham, we can guide you through the process and offer tailored mortgage advice in Durham for your unique situation.
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.
Our Customers Love Us
5.00 Rating22 Reviews
Graeme
Malcolm gave excellent advise and helped us through the first time buyer process!
3 months ago
Kayleigh
Very good, very helpful and always on the ball. Answer calls outside of normal working hours which was helpful, sent lots of prompting emails to guide us.
8 months ago
Anonymous
I don't think I've written one of these before so hopefully that will mean some weight gets attached to this. Leo was an outstanding mortgage broker and smoothly secured me an offer of a mortgage, after years of aspiring to buy a house. This was...
11 months ago
Jenni
Malcolm and his team were nothing short if amazing helping guide us through somewhat tricky process of buying our home. They were friendly, patient and efficient and deserve more than a five star rating. Thank you again to Malcolm and his team.
1 year ago
Joanne
Malcom, was professional and helped sercure the best mortagage deal for us. We were apprehensive about using a mortage broker as we had never used this kind of service before, but Malcom and the team made it so easy from start to finish,friendly...
1 year ago
Fiona
Very good service from Dinah. Very helpful and no pressure sales. Felt confident I got the best advice for my circumstances.
1 year ago
Katie
We could not recommend UK money man enough for helping us obtain a mortgage. As first time buyers we went into the process clueless, Malcolm and the team have been absolutely amazing. Their communication and expertise has been second to none. The...
1 year ago
Mr Darren
An amazing service from some amazing people. They where with me from start to finish and the support, guidance and advice they gave me was brilliant. I would happily recomend Durhammoneyman. Thank you to all who where involved in my case.
1 year ago
Anonymous
Great service! Very informative and responsive. Made the process for a first time buyer straight forward and went smoothly
1 year ago
Duncan
Professional all the way. Excellent advice from Wayne followed by excellent administration by Anna to complete the transaction. Would recommend.
2 years ago
Martin
Excellent Staff and Service, I would definitely use them again They were very helpful all through the process of my remortgage providing me with the best deal and assisting with any issues or concerns i had, very prompt on replies to my calls and...
3 years ago
Kayleigh
Joe and Chloe have been so helpful sorting out our remortgage. They did all the hard work. I would highly recommend Durham Money Man to anyone! Fab job guys!
3 years ago
Karen
Was very professional and very helpful.
4 years ago
Anonymous
We are very pleased with the service we received. Everything was very simple and the mortgage brokers done everything for us. The mortgage deal they found was significantly less than any we could find ourselves, so it's worth paying the broker fee...
4 years ago
Niall
Fantastic service! Amazing advice and guidance throughout my mortgage application. Would recommend Durhammoneyman to anyone!
5 years ago
Sarah
Durhammoneyman have been an absolute lifesaver in helping me to get a mortgage. Their support, advice and assistance throughout the process has been above and beyond what I could have expected. Without them I would not have been able to navigate...
5 years ago
Donna
I cannot fault the service I have received from Leo, Wendy and the team. They have made a potentially stressful process very easy, offering support and guidance throughout. I would recommend this team to anyone in need of mortgage advice. Thank...
6 years ago
Sandra
Matt was first of all hugely understanding and quite reassuring in what I knew would prove a difficult task! Under 2 years self employment history, trying to gain a second family home without selling the first and possessing a buy to let which also...
6 years ago
Louis
I had a complex situation and I was nervous about the whole thing. Chris worked his magic and got me a mortgage offer within 2 weeks. I was amazed. Working full time I found the evening appointments terrific.
6 years ago
Michelle
Thank you to Laura and Matt who worked seamlessly to get my remortgage offered. I’m really happy with my new deal, much better rate than what my bank were offering.
6 years ago
We begin with a free initial mortgage appointment in Durham, offering professional guidance to help you navigate your options. Whether you’re considering traditional mortgages, equity release, or other later-life lending solutions, our mortgage advisors in Durham are here to support you.
Later-life lending isn’t always the only option. For clients in Durham, we carefully assess alternatives such as using savings, downsizing, or family financial arrangements. Our mortgage brokers in Durham ensure that you’re aware of all possibilities before making a decision.
We encourage open conversations with family or trusted individuals about your financial choices. Our team of mortgage advisors in Durham can help facilitate discussions to ensure all parties are informed and comfortable with your plans.
If a lifetime mortgage is the most suitable path, we’ll provide a tailored recommendation. As a professional mortgage broker in Durham, our focus is on finding the solution that best supports your financial future.
Book a free initial mortgage appointment in Durham and let us help you explore your options. Whether you’re buying your first home or looking for a specialist mortgage, our mortgage brokers in Durham are here to provide expert guidance.
We search thousands of mortgage products to find the most suitable option for you. With access to a wide panel of lenders, our mortgage advisors in Durham are well-equipped to secure a deal that aligns with your goals.
Our team in Durham is committed to providing outstanding service. We guide you through every step of the process, offering clear and reliable mortgage advice. As a trusted mortgage broker in Durham, we strive to make the journey as stress-free as possible.
We understand how busy life can get, which is why we’re available 7 days a week. Our flexible appointment times mean you can speak with a mortgage advisor in Durham at a time that works best for you.
Our Home Buying App is a digital mortgage coach designed to help you save up, plan, and track your home buying journey – whether you’re buying your first home, or fancy a move.
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