Mortgage Strategy - Ageing population means lenders need to innovate
Mortgage Strategy's article explains how the grow in mortgages to older borrowers and map out the future of this market.
Trinity Financial product and communications director Aaron Strutt says: “We went through a long period where lending to older borrowers was not a priority but there are certainly more lenders targeting them now.
“They know this is a growing part of the market and these borrowers need help. We regularly get enquiries from older borrowers who are coming to the end of their mortgage term and need to remortgage.”