I am 60. I need a mortgage of 300,000€ to buy a property that is to be my new home. I own a property worth 350000€ that I live in now but intend to let out. I have savings of 150,000€ and no debt.
Ive been told by PTSB that I cant pay a mortgage over age 70 even if I'm still working then.
1. Which is best bank to approach in terms of not having an age cut off.
2. Should I re-mortgage my current property to finance the new property
I'm very confused and would appreciate any help