Halifax to impose 70-year age limit on thousands of older mortgage borrowers
Halifax is imposing a new 70-year age limit on thousands of homebuyers which will lead to higher monthly payments for many.
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Halifax is imposing a new 70-year age limit on thousands of homebuyers which will lead to higher monthly payments for many.
In an uncertain economic climate and amid regulatory change, mortgage brokers play a pivotal role in guiding clients through complex investment decisions. This is particularly true for buy-to-let (BTL) clients and those seeking investment opportunities in the commercial, holiday-let or student accommodation sectors.
Halifax has warned customers applying for mortgages about potential increases of up to 0.2 percent.
Thatched cottages owners face surging insurance bills after a year of extreme wet weather pushed up the cost of cover to a record high.
Mortgage lenders are increasingly raising rates on their home loan products amid uncertainty over the UK economy.