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Retirement age mortgage

  • 22-01-2019 5:15pm
    #1
    restive
    Banned (with Prison Access) Posts: 1,066 ✭✭✭


    Is any allowance being made by banks for people who can now retire beyond 65? I am a civil servant and one of the restrictions I encountered last year was banks would only lend until I turned 65 years of age. I now have the option of retiring at 70. Will a lender take this into account?


Comments

  • #2
    Bank of Ireland: Tara
    Closed Accounts Posts: 2,346 ✭✭✭Bank of Ireland: Tara


    restive wrote: »
    Is any allowance being made by banks for people who can now retire beyond 65? I am a civil servant and one of the restrictions I encountered last year was banks would only lend until I turned 65 years of age. I now have the option of retiring at 70. Will a lender take this into account?


    Hi restive,

    Thanks for getting in touch.

    We can process applications with a mortgage term up to the age of 70.

    Thanks
    Tara


  • #3
    restive
    Banned (with Prison Access) Posts: 1,066 ✭✭✭restive


    Bank of Ireland: Tara wrote: »
    Hi restive,

    Thanks for getting in touch.

    We can process applications with a mortgage term up to the age of 70.

    Thanks
    Tara

    That's great Tara, nice to see some progress.

    Thanks


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