Finance moving forward

by Readers Question

14:49 PM, 25th September 2018
About 4 weeks ago

Finance moving forward

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Finance moving forward

Hi, A general question which I am sure has a simple answer but I would like to seek a range of views.

I currently have a few BTL’s on an interest only basis with mortgages currently running up to retirement age.

I do not intend selling the properties as I wish to pass them onto my children.

As I get older (!) obviously the term length I can re-mortgage reduces – are people moving onto commercial mortgages as they develop partnerships and/or limited companies?

I know very little about commercial finance so any help/advice alongside my own internet research would be very helpful.

Or, any other finance strategies worth mentioning?

Your help is always appreciated.

Mark

Editors Notes:

I have added helpful age related BTL articles below which are all linked –

Aldermore Later Life Lending – up to age 99

TMW remove age limit for max 65% LTV experienced landlords

Buy to Let Equity release from Retirement Advantage launched

Lending Into Retirement – Don’t assume age is a barrier

No age limit property finance on Keystone Ltd Co and Joint applications



Comments

Neil Patterson

15:04 PM, 25th September 2018
About 4 weeks ago

Hi Mark,

I have added some helpful articles linked above in my Editors note 🙂


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