Newcastle for Intermediaries removes max age limit on standard repayment mortgages

Newcastle for Intermediaries removes max age limit on standard repayment mortgages

Newcastle for Intermediaries has removed its maximum age limit for the repayment of standard capital-and-interest mortgages, expanding access to later life lending for brokers and their clients. Previously, borrowers were required to repay their mortgage by the age of 80. These latest changes remove the maximum age for repayment on all standard repayment available through intermediaries, direct and online channels. The maximum age of 80 for inte…