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11 May 2013

Re-Mortgage

I am 63 years old and my wife is 69 years of age. We have a interest only mortgage owing £110,000-00. The aprox value of our property is £140,000-00. This mortgage finishes in 5 years time. We would like to re-mortgage our property on a re-payment type mortgage and was wondering who would do this mortgage and what would be the longest time in years, we could take a mortgage on for? I am in full time employment with a salary of £40,000-00 per year and my wife is retired and drawing her pension. Kind Regards Mike

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