Across the market, too many financially secure clients are still being held back by blunt age limits. Strong pensions, low LTIs, plenty of equity: declined because the calendar says no.
We think that needs to change. So we’ve updated our criteria to properly support borrowers aged 50 and over.
What’s new:
- No maximum age at end of term for sole applicants.
- Max. age cap of 80 for joint borrowers.
- Acceptance of wider range of retirement income, including investment income and pension drawdown.
It’s lending that reflects real life and real financial strength.
And because flexibility matters later in life, our mortgages come with features older borrowers genuinely value:
- ERCs when moving home or redeeming
- Unlimited overpayments whenever life allows
- Automatic rate reductions as LTV improves
Pair all of that with our longer-term fixed rates and you get the April way: modern flexibility with longer-term certainty.
Your clients think ahead. Our criteria does too.
Read more here or use our Criteria Search Tool to find out more.
And it’s not just your clients who benefit.
You’ll earn 45bps on completion, plus an extra 30bps every 5 year anniversary after.
This recognises the ongoing value of your advice across your client’s mortgage term.