40 Year Mortgage Term Available

Rising house prices means bigger mortgages means longer mortgage terms.  Whilst a term of 40 years might seem daunting, it could be the solution to get you in to your new home sooner.

Some lenders are now offering 40 year term mortgage aided by the age of retirement creeping up along with the increase in house prices and the tighter rules imposed by lenders it seems more and more borrowers are taking longer terms.  Some forced in to them by lenders affordability assessments allowing the bank to lend more money against a longer mortgage term.

When you work with Smarter Mortgages you can be confident that we will recommend a suitable mortgage term having discussed with you, your preferences and future plans.