Age Is No Barrier: Six Buy-to-Let Remortgages for a Landlord in His Late 70s
Told you're "too old" to remortgage your rental properties? Our client had six of them.
How we got it done.
What they wanted
To remortgage his portfolio as his current deals ended and release equity to grow and repair it.
Why it was complex
Many buy-to-let lenders cap the age at the end of the term. On top of that, six separate remortgages had to be timed around different early repayment charge end dates.
How we structured it
We used a lender that judges the property and the rent rather than the borrower's age. We arranged 5-year fixed rates on interest-only and timed each completion to land after the existing early repayment charges ended.
The outcome
The whole portfolio was handled by one adviser, and capital was released to keep growing it.
“Age is no barrier for landlords. The right lender looks at the property and the rent, not the birthday.”Josh Halsey, Founder and Director
Your home may be repossessed if you do not keep up repayments on your mortgage.
Buy-to-let mortgages are not regulated by the FCA. Interest-only capital must be repaid at the end of the term.
This is a real, anonymised case shared with the client's permission. Every case is different, and outcomes depend on your own circumstances. We don't quote rates or guarantee outcomes.
Chatsworth Mortgage Group Ltd is an Appointed Representative of Cornerstone Finance Group Ltd, which is authorised and regulated by the Financial Conduct Authority.
In a similar situation?
Book a free, no-obligation call with Josh and talk it through.
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