What should I look for in a retirement mortgage broker?

Retirement mortgage providers also often review or extend their mortgage terms and conditions, so it’s best to speak to an expert mortgage broker who is fully up to date on how the market is changing and who can give you a quick whole of market comparison.

What is a retirement interest-only mortgage?

Some retirement interest-only mortgages allow you to repay some capital as well as interest. This will cut down the size of your loan over time, meaning that more of your property can be passed onto your loved ones. How much can I borrow with a retirement interest-only mortgage?

What is an investment broker?

An investment broker is someone that trades securities on your behalf. They earn money by charging clients a variety of fees, including trade commissions, account maintenance fees, AUM fees and mutual fund fees.

What does a mortgage broker do?

Primary duties: Mortgage brokers arrange the purchase of mortgages for property as a liaison between individuals and banks. They often communicate with banks, real estate agents and insurance brokers to establish whether clients are able to pay for their mortgages.