Mortgages for the over 50s & retired
Planning for retirement, drawing a pension, or told you're "too old" by the high street? We work with later-life lenders built for the over-50s — retirement interest-only, lifetime mortgages, term interest-only and standard borrowing that runs into your 80s.
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We compare +20,000 mortgage products
Including the later-life lenders the high street doesn't offer.
Why over-50s pick Montgomery
Pensions, drawdown, buy-to-let income, lump sums — we find lenders who count what the high street ignores. In three simple steps. It’s why we’re rated 5.0 on Google.
Tell us about retirement — the full picture
Pensions, drawdown, buy-to-let income, investments, part-time work? We want to understand what's coming in. Ten minutes over the phone or on WhatsApp.
We match you to the right later-life lender
RIO, lifetime mortgages, term interest-only, standard borrowing into your 80s — each later-life lender has its own rules on age, income and property type. We know which one says yes to what.
A real human handles the whole case
No call centres, no retelling your story to three different people. One dedicated adviser from first call to completion. Free 20-minute call, same-day slots.
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Why later-life mortgages matter
Retirement shouldn't mean the door closes on the mortgage market. Whether you're still working, already drawing a pension, or sitting on property wealth you want to release, there are lenders who look at the full picture — your pension, your investments, your rental income, the lot — and happily lend into your 80s and beyond.
Later-life mortgages cover RIO (retirement interest-only), term interest-only, lifetime mortgages and standard repayment with longer terms. At Montgomery we combine whole-of-market access with advisers who actually know which later-life lender says yes to what — so you get the right product for this stage of life, not a pension-ignoring tick-box declined.
Discover your options →Every kind of later-life mortgage
Whether you want to buy a new home at 60, remortgage at 70, release equity at 75, or help family at 80 — there's a product built for it. Here's the range we can arrange.
Retirement interest-only
Pay interest, keep the home for lifeA RIO mortgage means you pay the interest each month and the loan is repaid only when you move into care, sell or pass away. No end-of-term scramble to sell — and pension income is accepted.
Lifetime mortgages (equity release)
No monthly payments requiredRelease a tax-free lump sum or drawdown facility from your home's value with no monthly payments. Interest rolls up and is repaid from the sale of the property later. Equity Release Council protected.
50+ term interest-only
Lower monthly payments over 10-20 yearsPay only the interest for a set term — usually 10 to 20 years — with a planned repayment vehicle (downsizing, investments, pension lump sum). Great for cash flow in early retirement.
Standard mortgage lending to 85
Pension & drawdown income acceptedSome lenders happily offer standard capital-and-interest repayment mortgages that run to age 80 or 85 — using pension, drawdown and investment income. Perfect if you want to clear the loan, not leave it for the estate.
Remortgaging in retirement
Your fix is ending — and the bank won't extendExisting mortgage maturing and your current lender won't extend the term because of your age? We switch you to a later-life lender that takes pension income into account and gives you the term you actually need.
Releasing equity from your home
Home improvements, family gifting, debtWant to give children a deposit, renovate, clear unsecured debt, or boost retirement income? We compare RIO, lifetime mortgage and standard remortgage routes to find the lowest lifetime cost for your plan.
Interest-only coming to the end
No repayment vehicle — what now?Old endowment or interest-only mortgage ending with no repayment vehicle lined up? We have lenders who'll extend on RIO or term IO terms so you don't have to sell the family home under pressure.
Downsizing or buying later in life
New home at 60, 70 or beyondMoving to a bungalow, nearer the family, or abroad-to-UK? Plenty of lenders will consider you in your 60s, 70s and 80s — we find the best rate for your deposit, income and preferred term.
The ultimate later-life mortgage experience
Later-life lender panel
LiveMore, Hodge, Pure Retirement, more2life, Legal & General, LV=, Just, Aviva and more — the full later-life market in one place.
Soft credit searches first
We only submit an application once we know you'll get a yes. No pointless hard-footprint hits chipping away at your credit score.
Dedicated adviser
One human from first call to completion — no call centre, no account handoffs, no retelling your story three times.
We know the age & income rules
Each later-life lender has its own rules on max age, pension treatment and interest-only exit plans. We know — which saves weeks of "we'll need to look into that" and dead-end referrals.
WhatsApp updates
Real-time progress from us and the lender. No chasing, no email ping-pong, no "we'll call you back next Tuesday".
Straight talk, no sales
If your case isn't placeable right now, we'll tell you — and set out what needs to change so it is in six or twelve months.