Most people tend to rent retirement properties, but it is possible to buy a retirement home either outright with savings or through a mortgage.
The challenge is, it’s not always easy to get a mortgage for a retirement property, partly because lenders look for resale potential when they consider whether to offer a mortgage deal, and you’ll need specialist help.
Which is where we can help.
At Smiths Financial, securing retirement home mortgages is one of our particular areas of expertise and we have access to a wide panel of lenders who could have the right solution for you.
Need more advice? We would be happy to help.