Mortgage -Age limit

[wincarwoo]

Hi
Would anybody know if a lender would approve a mortgage for an 82 year old?

This suggests it would be unlikely

www.money.co.uk/mortgages/how-to-get-a-mortgage-if-you-are-an-older-borrower.htm

@FatherBrownsBicycle thanks 😊

What is the capital needed for? And is there enough income to be able to cover the interest payments?

To buy a house. I'm not sure about the financial situation. It's not for me but I suspect they would have funds.

Sounds like they would benefit from talking to a specialist later life financial adviser who could look at all options and help them avoid any inadvertent pitfalls.

If a lender can be found, a very substantial deposit is going to be required.

I doubt it. Although it's not impossible.

Based on recent experience - most do to 70, quite a few to 75. Over that tricky I think.