I am 62, retired with a police pension of £1900 per month. I also have a business which turns over approx 50k per year, although I do not currently pay myself a salary from it.
I have a buy to let mortgage and I now pay £350 month.
I am wanting to change this to an interest only mortgage and move in to the property myself, but I can't seem to find an interest only mortgage. I have filled in numerous enquiry forms with no replies.
Does anyone know if this would be an option for me at my age.?
My mortgage at present is for £110k and the house value is £160k
Thank you for any help or information given.