{"id":101684,"date":"2018-11-26T14:00:38","date_gmt":"2018-11-26T07:00:38","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/at-55-my-brother-said-i-was-too-old-to-get-a-mortgage\/"},"modified":"2018-11-26T14:03:31","modified_gmt":"2018-11-26T07:03:31","slug":"at-55-my-brother-said-i-was-too-old-to-get-a-mortgage","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/at-55-my-brother-said-i-was-too-old-to-get-a-mortgage\/","title":{"rendered":"At 55, my brother said I was too old to get a mortgage"},"content":{"rendered":"


\nHe also said the government\u2019s help-to-buy scheme was only for younger peopleQ I would like to know if I am eligible for the help-to-buy scheme. I am currently 54 but will be 55 in January 2019 and rent a room for \u00a3670 per month. One of my brothers has told me that I would never get a mortgage at my age and also that help-to-buy is only aimed at young first-time buyers. My other brothers say that I am already paying a mortgage by renting. JHA Your brothers are talking rubbish. Your age is not a barrier to getting help from the help-to-buy scheme which is not aimed only at young first-time buyers. Nor will your age necessarily stand in the way of your getting a mortgage. Since July 2016, for example, at Nationwide building society the maximum age you can be at the end of any mortgage term has been 85 while at Halifax it is 80. And as for already paying a mortgage by renting, the rent you pay might well be paying someone else\u2019s mortgage but it is certainly not yours. Continue reading…
\n
\nSource : theguardian.com
\nRead more…At 55, my brother said I was too old to get a mortgage<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

He also said the government\u2019s help-to-buy scheme was only for younger peopleQ I would like...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-101684","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qs4","jetpack-related-posts":[{"id":11990,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-lenders-launch-mortgage-price-war\/","url_meta":{"origin":101684,"position":0},"title":"Help to Buy lenders launch mortgage price war","date":"January 19, 2014","format":false,"excerpt":"\r Borrowers wanting a 95% mortgage are benefiting from greater competition, as Barclays becomes the latest to enter the marketProspective buyers with small deposits are benefiting from a price war among mortgage lenders, say brokers, after the last of the major high street banks launched its 95% deal under Help\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133071,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-extends-generation-buy-mortgage-guarantee\/","url_meta":{"origin":101684,"position":1},"title":"Government extends \u2018generation buy\u2019 mortgage guarantee","date":"December 20, 2022","format":false,"excerpt":"\r Scheme to help first-time buyers on to property ladder has been used by more than 24,000 households across UKThe government is extending the mortgage guarantee scheme, which helps buyers with small deposits get on the property ladder as higher borrowing costs threaten to put the brakes on the UK\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6302,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-scheme-needs-replacement-before-it-ends-warn-mortgage-lenders\/","url_meta":{"origin":101684,"position":2},"title":"Help-to-buy scheme needs replacement before it ends, warn mortgage lenders","date":"March 5, 2015","format":false,"excerpt":"\r Failure to replace mortgage guarantee scheme, which is due to end in 2016, would hit first-time buyers and competition in housing market, says IMLAFailure to replace the help-to-buy mortgage guarantee scheme when it comes to an end next year will choke off competition and push the first-time buyer market\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12562,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-a-luxury-flat-for-only-hk1-2m-downpayment-henderson-lands-95pc-home-mortgage-scheme-offered-at-mid-levels-project\/","url_meta":{"origin":101684,"position":3},"title":"Buy a luxury flat for only HK$1.2m downpayment? Henderson Land\u2019s 95pc home mortgage scheme offered at Mid-Levels project","date":"May 10, 2016","format":false,"excerpt":"\r A luxury residential project in West Mid-Levels will only require buyers at presale to put down a 5 per cent initial deposit, or HK$1.2 million, for a home worth HK$24 million.\r \r Source : South China Morning Post\r Read more...Buy a luxury flat for only HK.2m downpayment? Henderson Land\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107726,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-own-a-property-can-i-get-a-deal-if-i-buy-another-with-a-friend\/","url_meta":{"origin":101684,"position":4},"title":"I own a property \u2013\u00a0can I get a deal if I buy another with a friend?","date":"June 3, 2019","format":false,"excerpt":"\r He\u2019s a first-time buyer and we\u2019re hoping to get a better mortgage and pay less stamp dutyQ I am really hoping you could give me some advice. I am currently based in London throughout the week and spend most weekends in Nottingham where I recently bought a property as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144427,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-to-cut-mortgage-rates-as-part-of-plan-to-prop-up-property-market\/","url_meta":{"origin":101684,"position":5},"title":"China to cut mortgage rates as part of plan to prop up property market","date":"May 17, 2024","format":false,"excerpt":"\r Local authorities will be allowed to turn unsold homes from developers into affordable housingChina will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures by Beijing aimed at propping up the country\u2019s faltering property market.The People\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101684"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=101684"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101684\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=101684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=101684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=101684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}