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The Property Podcast

ASK44: What will happen to mortgage availability as you get older?

The Property Podcast

Rob Bence & Rob Dix

News, Investing, Education, Business, Business News

4.82K Ratings

🗓️ 21 June 2016

⏱️ 7 minutes

🧾️ Download transcript

Summary

This week on Ask Rob & Rob, Ed asked: What will happen to mortgage availability as you get older? The answer touched upon the fact that the trend is leaning more and more towards people getting mortgages later in life. This is for a couple of major reasons: firstly the change in pension reforms that have […] The post ASK44: What will happen to mortgage availability as you get older? appeared first on The Property Hub. See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, I'm Rob, and I'm Rob.

0:03.0

And this is Ask Rob and Rob.

0:07.0

Yes, hello, and welcome to another episode of Ask Rob and Rob.

0:14.2

We're on Tuesdays, somebody is kindly sent in a question and we will obviously return that

0:20.8

with an answer and that's what we do every single week.

0:23.4

And the great thing is we get different questions every week.

0:25.7

So we get something different to do, and you get to learn something different.

0:30.0

And this week, we've had a question in about mortgage availability for when you're a bit later in life.

0:35.2

And I know if you're a bit younger,

0:37.1

since this part actually one that's a while off.

0:39.1

Actually, we get asked this a lot, so it's going to be a really good question and hopefully just as good answer.

0:44.1

But before we do, if you'd like to ask us a question, we'd love to hear from you and we make it nice and simple, don't we rob?

0:50.4

Yep, we do. All you've got to do is leave us a voicemail. It's okay, we will not surprise you by

0:54.8

suddenly picking up the phone. You get to take your time, just leave us a message, let us know

0:58.8

what's on your mind, and we will answer for you in the near future. To do that two methods just call

1:04.2

013 808. That's 013 808 triple-o 35. Or you can leave us a voicemail from your computer by going to the

1:14.1

property hub dot net slash podcast that is what Ed did who has this week's

1:19.6

question.

1:20.6

Hello Rob and Rob

1:21.8

I'm Ed Atkinson here, I love the show as ever. I have a question for you on Ask

1:29.0

Rob and Rob and that is concerning the long-term future of buy-select mortgages as we get older and older.

1:41.0

And when we take out a mortgage, the end of term, so 25 years into future, if you're going

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