W Wishes Registered User Messages 402 17 Sep 2011 #1 What is the age limit in taking out the above mortgage or any mortgage for that matter?
M mf1 Registered User Messages 4,434 17 Sep 2011 #2 It is entirely a matter for the persons involved. In practical terms, imo, a mortgage should not extend beyond a persons capacity to pay it so 65 /70 would seem like the time a mortgage should be finished. mf
It is entirely a matter for the persons involved. In practical terms, imo, a mortgage should not extend beyond a persons capacity to pay it so 65 /70 would seem like the time a mortgage should be finished. mf
B Bronte Registered User Messages 14,628 19 Sep 2011 #3 Also it is my personal belief that a mortgage term should be only 20 years if at all possible.