{"id":30321,"date":"2016-10-17T15:39:31","date_gmt":"2016-10-17T08:39:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lenders-lift-upper-limits-to-help-solve-an-age-old-problem\/"},"modified":"2016-10-17T15:50:11","modified_gmt":"2016-10-17T08:50:11","slug":"mortgage-lenders-lift-upper-limits-to-help-solve-an-age-old-problem","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lenders-lift-upper-limits-to-help-solve-an-age-old-problem\/","title":{"rendered":"Mortgage lenders lift upper limits to help solve an age-old problem"},"content":{"rendered":"<p>&#013;<br \/>\nPrevious limits on making repayments past 75 are slowly being revised, but borrowers must still have proof of incomeThe combination of an ageing population and no set retirement age means some people now want to be able to pay their mortgage until much later in life, while rising property prices and divorce mean others are not buying until they are much older.But the prospect of older people being able to get a mortgage was, until recently, minimal \u2013 no matter how low risk or good their credit score. New figures, however, show the tide is beginning to turn and lenders are raising the maximum age of repayment to 80 and beyond. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2016\/oct\/17\/mortgage-lenders-lift-upper-age-limits-solve-problem\" target=\"_blank\">Mortgage lenders lift upper limits to help solve an age-old problem<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Previous limits on making repayments past 75 are slowly being revised, but borrowers must still&#46;&#46;&#46;<\/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-30321","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\/p75ss1-7T3","jetpack-related-posts":[{"id":115264,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lenders-feds-security-purchases-threaten-us-housing-market\/","url_meta":{"origin":30321,"position":0},"title":"Mortgage lenders: Fed&#039;s security purchases threaten US housing market","date":"March 30, 2020","format":false,"excerpt":"\r The Fed launched an aggressive use of its powers to help lift the economy as social distancing measures increased to stop the spread of coronavirus continue. CNBC's Steve Liesman reports on whether the experts think the Fed's efforts will be enough.\r \r Source : cnbc.com\r Read more...Mortgage lenders: Fed's\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107081,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/were-nearing-40-is-it-too-late-to-buy-our-first-property\/","url_meta":{"origin":30321,"position":1},"title":"We&#039;re nearing 40 \u2013\u00a0is it too late to buy our first property?","date":"May 13, 2019","format":false,"excerpt":"\r We thought we would never buy, but just came into some money and are wondering about a mortgageQ We are at a complete loss. We never imagined that we would be in a position to buy property as we have struggled for years to save but recently we have\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117790,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/you-might-have-a-tough-time-getting-a-jumbo-mortgage-during-pandemic-heres-what-to-expect\/","url_meta":{"origin":30321,"position":2},"title":"You might have a tough time getting a &#039;jumbo mortgage&#039; during pandemic. Here&#039;s what to expect","date":"July 14, 2020","format":false,"excerpt":"\r Banks and lenders remain more cautious about making loans for home purchases or mortgage refinances that are higher than the government limits for so-called conforming loans. Here's how to find a \"jumbo\" loan and what the requirements may be.\r \r Source : cnbc.com\r Read more...You might have a tough\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42079,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-stress-tests-are-too-tough-say-lenders\/","url_meta":{"origin":30321,"position":3},"title":"Mortgage \u2018stress tests\u2019 are too tough, say lenders","date":"January 27, 2017","format":false,"excerpt":"\r 5 per cent rate is too high, says Council of Mortgage Lenders chief\r \r Source : ft.com\r Read more...Mortgage \u2018stress tests\u2019 are too tough, say lenders","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133790,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lenders-fear-spike-in-mortgage-defaults-as-cost-of-living-hits-home\/","url_meta":{"origin":30321,"position":4},"title":"UK lenders fear spike in mortgage defaults as cost of living hits home","date":"January 19, 2023","format":false,"excerpt":"\r Bank of England survey shows lenders expect steep rise in borrowers failing to make monthly repaymentsBritain\u2019s mortgage lenders fear a spike in the number of homeowners handing back their keys as the cost of living crisis forces more people to default on their loans.The Bank of England said a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108028,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lenders-finally-see-bigger-profit-margins-ahead-as-demand-surges\/","url_meta":{"origin":30321,"position":5},"title":"Mortgage lenders finally see bigger profit margins ahead, as demand surges","date":"June 12, 2019","format":false,"excerpt":"\r The mortgage application numbers this week just put an exclamation point on an already positive trend for mortgage lenders. 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