No Need to Be Retiring Over Raising Cash ; Retirement Special Lenders Are Becoming More Flexible with Older Borrowers ... Both Before and Even After You've Drawn a Pension

Summary

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Years ago, the last thing anyone wanted in retirement was a mortgage.

But today, increasing numbers of people keep their loans running long after they give up work, while many people in their 50s, 60s and beyond are taking on new residential, investment or equity release loans to boost their finances.

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No Need to Be Retiring Over Raising Cash ; Retirement Special Lenders Are Becoming More Flexible with Older Borrowers ... Both Before and Even After You've Drawn a Pension

'If you kept on starting a new 25-year repayment term every time you moved house in the past then you may retire with your mortgage's end date still several years away,' says Karen Bale, director of broker Mortgage Talk in Dover. 'But lenders shouldn't mind as long as you keep making the ...

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