Compare mortgages for over 60s

If you're an older borrower, compare all these mortgages that accept applications from those aged 60 or over.

Ad
Speak with a First Direct mortgage advisor to get your Agreement in Principle
  • A First Direct AIP lasts 6 months

  • Mortgage advisers available 7 days a week

  • Fee-free standard valuation

  • Mortgage terms up to 40 years

Call 0808 296 6568

Available via telephone only.

2975 results found, sorted by affiliated products by lowest initial rate. How we order our comparisons. Commission earned affects the table's sort order.
Sort
Halifax 2 year fixed remortgage
Maximum age
80 years
Maximum LTV
60%
Initial rate
2.15% fixed until 31 Aug 2024
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
4.3% APRC
Halifax 2 year fixed remortgage
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,495 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.00% of amount paid, before 31 Aug 2023

- then 1.00% of amount paid, until 31 Aug 2024

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Yorkshire Building Society 2 year fixed
Maximum age
80 years
Maximum LTV
75%
Initial rate
2.2% fixed until 31 Jul 2024
Subsequent rate (SVR)
4.74% variable
Overall cost for comparison
4.0% APRC
Yorkshire Building Society 2 year fixed
The initial rate will be followed by a rate of 3.75% until 31 Jul 2027 (0.99% discount on SVR).
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion fee£1,495 with an option to add to the loan
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.50% of amount paid, before 31 Jul 2023

- then 1.50% of amount paid, until 31 Jul 2024

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
First Time Buyers
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Lloyds Bank 10 year fixed cashback remortgage for people with an existing current account
Maximum age
80 years
Maximum LTV
60%
Initial rate
2.23% fixed until 31 Aug 2032
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
3.5% APRC
Lloyds Bank 10 year fixed cashback remortgage for people with an existing current account
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£999 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 6.00% of amount paid, before 31 Aug 2027

- then 5.00% of amount paid, until 31 Aug 2028

- then 4.00% of amount paid, until 31 Aug 2029

- then 3.00% of amount paid, until 31 Aug 2030

- then 2.00% of amount paid, until 31 Aug 2031

- then 1.00% of amount paid, until 31 Aug 2032

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Existing Customer Typecurrent account
Existing Customer Only
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Lloyds Bank 10 year fixed remortgage
Maximum age
80 years
Maximum LTV
60%
Initial rate
2.23% fixed until 31 Aug 2032
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
3.5% APRC
Lloyds Bank 10 year fixed remortgage
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£999 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 6.00% of amount paid, before 31 Aug 2027

- then 5.00% of amount paid, until 31 Aug 2028

- then 4.00% of amount paid, until 31 Aug 2029

- then 3.00% of amount paid, until 31 Aug 2030

- then 2.00% of amount paid, until 31 Aug 2031

- then 1.00% of amount paid, until 31 Aug 2032

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Lloyds Bank 5 year fixed cashback remortgage for people with an existing current account
Maximum age
80 years
Maximum LTV
60%
Initial rate
2.27% fixed until 31 Aug 2027
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
4.0% APRC
Lloyds Bank 5 year fixed cashback remortgage for people with an existing current account
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,499 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 5.00% of amount paid, before 31 Aug 2023

- then 4.00% of amount paid, until 31 Aug 2024

- then 3.00% of amount paid, until 31 Aug 2025

- then 2.00% of amount paid, until 31 Aug 2026

- then 1.00% of amount paid, until 31 Aug 2027

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Existing Customer Typecurrent account
Existing Customer Only
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Lloyds Bank 5 year fixed remortgage
Maximum age
80 years
Maximum LTV
60%
Initial rate
2.27% fixed until 31 Aug 2027
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
4.0% APRC
Lloyds Bank 5 year fixed remortgage
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,499 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 5.00% of amount paid, before 31 Aug 2023

- then 4.00% of amount paid, until 31 Aug 2024

- then 3.00% of amount paid, until 31 Aug 2025

- then 2.00% of amount paid, until 31 Aug 2026

- then 1.00% of amount paid, until 31 Aug 2027

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
First Direct 2 year fixed
0808 296 6568
Maximum age
75 years
Maximum LTV
75%
Initial rate
2.29% fixed for 2 years
Subsequent rate (SVR)
3.79% variable
Overall cost for comparison
3.6% APRC
First Direct 2 year fixed
Available via telephone only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking fee£490 paid upfront (non-refundable)
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all of your mortgage early you will be charged:

- 3.00% of the original loan, in the first year

- 2.00% of the original loan, in the second year

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
First Time Buyers
Max age at term end75 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Self Employed Accepted
First Direct 2 year fixed
0808 296 6568
Maximum age
75 years
Maximum LTV
60%
Initial rate
2.29% fixed for 2 years
Subsequent rate (SVR)
3.79% variable
Overall cost for comparison
3.6% APRC
First Direct 2 year fixed
Available via telephone only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking fee£490 paid upfront (non-refundable)
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all of your mortgage early you will be charged:

- 3.00% of the original loan, in the first year

- 2.00% of the original loan, in the second year

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
First Time Buyers
Max age at term end75 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Self Employed Accepted
First Direct 5 year fixed
0808 296 6568
Maximum age
75 years
Maximum LTV
60%
Initial rate
2.29% fixed for 5 years
Subsequent rate (SVR)
3.79% variable
Overall cost for comparison
3.2% APRC
First Direct 5 year fixed
Available via telephone only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking fee£490 paid upfront (non-refundable)
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all of your mortgage early you will be charged:

- 3.00% of the original loan, in the first year

- 2.00% of the original loan, between 12 and 60 months

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
First Time Buyers
Max age at term end75 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Self Employed Accepted
Lloyds Bank 10 year fixed cashback remortgage for people with an existing current account
Maximum age
80 years
Maximum LTV
75%
Initial rate
2.29% fixed until 31 Aug 2032
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
3.5% APRC
Lloyds Bank 10 year fixed cashback remortgage for people with an existing current account
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£999 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 6.00% of amount paid, before 31 Aug 2027

- then 5.00% of amount paid, until 31 Aug 2028

- then 4.00% of amount paid, until 31 Aug 2029

- then 3.00% of amount paid, until 31 Aug 2030

- then 2.00% of amount paid, until 31 Aug 2031

- then 1.00% of amount paid, until 31 Aug 2032

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Existing Customer Typecurrent account
Existing Customer Only
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Lloyds Bank 10 year fixed remortgage
Maximum age
80 years
Maximum LTV
75%
Initial rate
2.29% fixed until 31 Aug 2032
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
3.5% APRC
Lloyds Bank 10 year fixed remortgage
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£999 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 6.00% of amount paid, before 31 Aug 2027

- then 5.00% of amount paid, until 31 Aug 2028

- then 4.00% of amount paid, until 31 Aug 2029

- then 3.00% of amount paid, until 31 Aug 2030

- then 2.00% of amount paid, until 31 Aug 2031

- then 1.00% of amount paid, until 31 Aug 2032

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Lloyds Bank 5 year fixed cashback remortgage for people with an existing current account
Maximum age
80 years
Maximum LTV
75%
Initial rate
2.3% fixed until 31 Aug 2027
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
4.0% APRC
Lloyds Bank 5 year fixed cashback remortgage for people with an existing current account
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,499 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 5.00% of amount paid, before 31 Aug 2023

- then 4.00% of amount paid, until 31 Aug 2024

- then 3.00% of amount paid, until 31 Aug 2025

- then 2.00% of amount paid, until 31 Aug 2026

- then 1.00% of amount paid, until 31 Aug 2027

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Existing Customer Typecurrent account
Existing Customer Only
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Lloyds Bank 5 year fixed remortgage
Maximum age
80 years
Maximum LTV
75%
Initial rate
2.3% fixed until 31 Aug 2027
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
4.0% APRC
Lloyds Bank 5 year fixed remortgage
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,499 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 5.00% of amount paid, before 31 Aug 2023

- then 4.00% of amount paid, until 31 Aug 2024

- then 3.00% of amount paid, until 31 Aug 2025

- then 2.00% of amount paid, until 31 Aug 2026

- then 1.00% of amount paid, until 31 Aug 2027

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Yorkshire Building Society 2 year fixed remortgage
Maximum age
80 years
Maximum LTV
80%
Initial rate
2.3% fixed until 31 Jul 2024
Subsequent rate (SVR)
4.74% variable
Overall cost for comparison
3.7% APRC
Yorkshire Building Society 2 year fixed remortgage
The initial rate will be followed by a rate of 3.75% until 31 Jul 2027 (0.99% discount on SVR).
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion fee£1,495 with an option to add to the loan
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.50% of amount paid, before 31 Jul 2023

- then 1.50% of amount paid, until 31 Jul 2024

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Halifax 5 year fixed
Maximum age
80 years
Maximum LTV
60%
Initial rate
2.31% fixed until 31 Aug 2027
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
4.0% APRC
Halifax 5 year fixed
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,495 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 5.00% of amount paid, before 31 Aug 2023

- then 4.00% of amount paid, until 31 Aug 2024

- then 3.00% of amount paid, until 31 Aug 2025

- then 2.00% of amount paid, until 31 Aug 2026

- then 1.00% of amount paid, until 31 Aug 2027

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
First Time Buyers
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Halifax 5 year fixed cashback mortgage
Maximum age
80 years
Maximum LTV
60%
Initial rate
2.31% fixed until 31 Aug 2027
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
4.0% APRC
Halifax 5 year fixed cashback mortgage
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,495 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 5.00% of amount paid, before 31 Aug 2023

- then 4.00% of amount paid, until 31 Aug 2024

- then 3.00% of amount paid, until 31 Aug 2025

- then 2.00% of amount paid, until 31 Aug 2026

- then 1.00% of amount paid, until 31 Aug 2027

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
First Time Buyers
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Lloyds Bank 5 year fixed remortgage
Maximum age
80 years
Maximum LTV
60%
Initial rate
2.31% fixed until 31 Aug 2027
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
4.0% APRC
Lloyds Bank 5 year fixed remortgage
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£999 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 5.00% of amount paid, before 31 Aug 2023

- then 4.00% of amount paid, until 31 Aug 2024

- then 3.00% of amount paid, until 31 Aug 2025

- then 2.00% of amount paid, until 31 Aug 2026

- then 1.00% of amount paid, until 31 Aug 2027

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Lloyds Bank 5 year fixed cashback remortgage for people with an existing current account
Maximum age
80 years
Maximum LTV
80%
Initial rate
2.32% fixed until 31 Aug 2027
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
4.1% APRC
Lloyds Bank 5 year fixed cashback remortgage for people with an existing current account
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,499 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 5.00% of amount paid, before 31 Aug 2023

- then 4.00% of amount paid, until 31 Aug 2024

- then 3.00% of amount paid, until 31 Aug 2025

- then 2.00% of amount paid, until 31 Aug 2026

- then 1.00% of amount paid, until 31 Aug 2027

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Existing Customer Typecurrent account
Existing Customer Only
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Lloyds Bank 5 year fixed remortgage
Maximum age
80 years
Maximum LTV
80%
Initial rate
2.32% fixed until 31 Aug 2027
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
4.1% APRC
Lloyds Bank 5 year fixed remortgage
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,499 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 5.00% of amount paid, before 31 Aug 2023

- then 4.00% of amount paid, until 31 Aug 2024

- then 3.00% of amount paid, until 31 Aug 2025

- then 2.00% of amount paid, until 31 Aug 2026

- then 1.00% of amount paid, until 31 Aug 2027

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Lloyds Bank 2 year fixed remortgage
Maximum age
80 years
Maximum LTV
60%
Initial rate
2.33% fixed until 31 Aug 2024
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
4.4% APRC
Lloyds Bank 2 year fixed remortgage
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,499 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.00% of amount paid, before 31 Aug 2023

- then 1.00% of amount paid, until 31 Aug 2024

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
First Direct 5 year fixed
0808 296 6568
Maximum age
75 years
Maximum LTV
75%
Initial rate
2.34% fixed for 5 years
Subsequent rate (SVR)
3.79% variable
Overall cost for comparison
3.2% APRC
First Direct 5 year fixed
Available via telephone only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking fee£490 paid upfront (non-refundable)
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all of your mortgage early you will be charged:

- 3.00% of the original loan, in the first year

- 2.00% of the original loan, between 12 and 60 months

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
First Time Buyers
Max age at term end75 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Self Employed Accepted
HSBC 2 year fixed remortgage
Maximum age
80 years
Maximum LTV
60%
Initial rate
2.34% fixed until 31 Jul 2024
Subsequent rate (SVR)
3.79% variable
Overall cost for comparison
3.9% APRC
HSBC 2 year fixed remortgage
More information
Application feeNo fee
Arrangement feeNo fee
Booking fee£999 with an option to add to the loan
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.00% of amount paid, in the first year

- then 1.00% of amount paid, until 31 Jul 2024

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Lloyds Bank 2 year fixed remortgage
Maximum age
80 years
Maximum LTV
75%
Initial rate
2.35% fixed until 31 Aug 2024
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
4.3% APRC
Lloyds Bank 2 year fixed remortgage
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,499 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.00% of amount paid, before 31 Aug 2023

- then 1.00% of amount paid, until 31 Aug 2024

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Yorkshire Building Society 5 year fixed remortgage
Maximum age
80 years
Maximum LTV
75%
Initial rate
2.35% fixed until 31 Jul 2027
Subsequent rate (SVR)
4.74% variable
Overall cost for comparison
3.2% APRC
Yorkshire Building Society 5 year fixed remortgage
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion fee£1,495 with an option to add to the loan
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 5.00% of amount paid, before 31 Jul 2023

- then 4.00% of amount paid, until 31 Jul 2024

- then 3.00% of amount paid, until 31 Jul 2025

- then 2.50% of amount paid, until 31 Jul 2026

- then 1.50% of amount paid, until 31 Jul 2027

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Lloyds Bank 5 year fixed cashback remortgage for people with an existing current account
Maximum age
80 years
Maximum LTV
75%
Initial rate
2.36% fixed until 31 Aug 2027
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
4.0% APRC
Lloyds Bank 5 year fixed cashback remortgage for people with an existing current account
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£999 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 5.00% of amount paid, before 31 Aug 2023

- then 4.00% of amount paid, until 31 Aug 2024

- then 3.00% of amount paid, until 31 Aug 2025

- then 2.00% of amount paid, until 31 Aug 2026

- then 1.00% of amount paid, until 31 Aug 2027

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Existing Customer Typecurrent account
Existing Customer Only
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Overall representative example

Based on borrowing£170,000 over 25 yearsThe overall cost of comparison4.28% APRC Representative
Initial rate2.87% fixed for 2 years (24 instalments of £820.17pm)Subsequent rate (SVR)4.51% variable for the remaining 23 years (276 instalments of £931.10pm)
Lender fee£528Total amount payable£277,194.92

All about mortgages for the over 60s?

As we approach retirement, applying for a mortgage can be more of a challenge. Mortgage providers know that income tends to drop in retirement and so prefer to lend to younger people, which means they offer fewer mortgages for over 65s.

However, the UK has an ageing population. According to the Office of National Statistics one in four people in the UK will be aged 65 years and over by 2050, an increase from approximately one in five in 2019. 

What's more, with many choosing to settle down and have children later in life, searching for mortgages for over 60s, or even mortgages for over 65s, is becoming a very common occurrence.

Mortgages for older people explained

You may require an over 60s mortgage because you wish to move house or get a cheaper remortgage deal.

Some lenders have higher age limits than others, so while you're likely to find a mortgage you will not have the same choice of deals as a younger borrower. 

How to find a mortgage for the over 60s

Lenders are taking notice of the need for mortgages in later life and the number of relatively cheap mortgages for over 60s and mortgages for over 65 is increasing.

This comparison table includes every deal that may accept borrowers aged over 60. You can use it to check the maximum age you can be when you apply for each mortgage.

You could also use a broker to provide mortgage advice for the over 60s.

How to get a mortgage if you are an older borrower 

How long does a mortgage for over 60s last?

The amount of time you get to pay off your mortgage if you are 60 or over depends on:

  • How old you are when you take out the mortgage, lenders will have maximum age limits ranging from around 70 to 85

  • How old you are when the mortgage ends, the limit can range from about 75 to 95

So if you are 60, you would be eligible for a mortgage with a maximum application age of 65. However, if it has to be paid off before you turn 75, you could only take it out for a term of fifteen years or less.

Can you afford a mortgage over 60?

Even if you are retired you still may be able to afford to pay a mortgage. It helps to have: 

  • A reasonable amount of savings and a good credit score 

  • A decent amount of savings for a deposit

If you own your own home and you are using your mortgage to free up equity with an over 60 lifetime mortgage you will not need to make monthly repayments so you will not need to provide proof of income.

The older you are, the shorter the mortgage term will be.  

The different types of mortgage for over 60s

You can get most types of mortgage if you are an OAP. You need to decide which kind of interest rate you should get from the following:

  • Fixed rate

  • Variable rate

  • Tracker rate

  • Discount rate

  • Stepped rate

  • Capped rate

Here is how to decide what type of mortgage is best for you

Mortgages for over 60s FAQs

About our mortgage comparison

Last updated: 23 October, 2021

Explore mortgage guides

See more guides

A complete guide to buying a home

A complete guide to buying a home

The process of buying a house can take months, but knowing what to do and where to get help could make it quicker and easier. Here is what to do when you buy a home.

Read More
How much does it cost to buy a home?

How much does it cost to buy a home?

Your home could be the most expensive purchase you ever make. Here is how much you might spend and how to make sure you can afford a mortgage and all of the other costs.

Read More
Leasehold vs freehold

Leasehold vs freehold: Which should you get?

If you’re looking to buy a property in England or Wales, you’ll notice that they’re either listed as leasehold or freehold. But what’s the difference? We’re here to explain the terms, and share what they might mean for you as a property owner.

Read More

Why compare mortgages with money.co.uk?

Comparing mortgages could help you save money. Our award-winning loan comparison service makes sure you get our best interest rates. Our aim is to provide you with the most up-to-date information, as well as useful tools and calculators to help you make life's most important decisions and take control of your money.

Proud to be award winning

We have always aimed to provide the best possible services to bridge the gap between our users and our clients. Over the years, we have been thrilled to be recognised by various prestigious bodies and organisations for those efforts.

stevie award
WMA 2021 Logo-768x632
nba logo
logo dma
ecommerce awards