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Aster Way Tamebridge
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Aster Way Tamebridge, Walsall

Monthly Rental Of £750

Aster Way Tamebridge, Walsall

Monthly Rental Of £750

bedrooms
3
bathrooms
2
receptions
1

Available after 02/10/2018. This 3 Bed Detached House is located in the popular Tamebridge area of South Walsall. Established public transport routes include regular bus services with the nearby (...)

Church Road Stonnall
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Church Road Stonnall, Walsall

Offers in the Region Of £550,000

Church Road Stonnall, Walsall

Offers in the Region Of £550,000

bedrooms
4
bathrooms
2
receptions
2

A unique bungalow has become available for sale that is superbly located and tucked away on the top of a hill with views that will take your breath away.  Situated in the sought after area of (...)

Aster Way, Tamebridge
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Let STC
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Let STC

Aster Way, Tamebridge, Walsall

Monthly Rental Of £750

Aster Way, Tamebridge, Walsall

Monthly Rental Of £750

bedrooms
3
bathrooms
2
receptions
1

Available immediately. Delightful 3 Bed Deatched house for rent in Tamebridge, Walsall. Property is ideally situated towards the end of a quiet cul-de-sac. Nearby Tamebridge Parkway rail station and (...)

Wolfsbane Drive, Tamebridge
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Let STC
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Let STC

Wolfsbane Drive, Tamebridge, Walsall

Monthly Rental Of £550

Wolfsbane Drive, Tamebridge, Walsall

Monthly Rental Of £550

bedrooms
2

This 2 bed town house needs to be viewed to fully appreciate the accommodation on offer. Situated on the popular Tamebridge development and on a quiet cul-de-sac location makes this the ideal (...)

While many banks and building societies refuse to offer residential loans that beyond retirement or age 75, new pension freedoms have prompted one major lender to change its rules.

The Mortgage Work, the buy-to-let arm of Nationwide Building Society, will now offer the under-70s a loan for up to 35 years.

Managing director Henry Jordan confirmed that customers would in theory be able to borrow past their 100th birthday.

"Using buy-to-let as a long-term investment is growing in popularity among people who want to maintain their options and potential sources of income into retirement, and the prospects of the new measures regarding pensions could see even more considering it as an option for their retirement savings.

"Our removal of upper age limits at maturity will ensure customers are offered greater choice and flexibility around the point at which they might sell their property; providing increased peace of mind for their tenants, as well as supporting stability in the wider market."

The move to offer buy-to-let loans to retired customers contrasts the attitude towards residential mortgages, where customers in their 50s are being rejected for loans stretching beyond age 70.

Mark Harris, chief executive of mortgage broker SPF Private Clients, said: "Getting a buy-to-let mortgage should be easier for an older borrower than obtaining a residential loan because the rental income that covers repayments should not fall when the landlord retires, while the employment income used to pay for a residential mortgage does."

He said Nationwide's policy on borrowing ages was the most relaxed among the major lenders. Some smaller, regional building societies had also removed the "maximum age" for borrowing and were lending on a case-by-case basis, he added, while Aldermore, Kent Reliance Building Society and Precise Mortgages all allowed borrowing to age 85.

 
Dalkeith Street Birchills
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Featured Property

Dalkeith Street Birchills, Walsall

Monthly Rental Of £475

bedrooms2    bathrooms 1    receptions 2   

Recently refurbished this delightful house will make a great starter home for a couple or young family looking to put down firm sticks in the neighbourhood.  A short walk from Walsall town (...)

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  • I work in the Middle East and have rented my property out through Ashmore Lettings for several years. The property is well-maintained and managed. I am kept informed of regular inspections. My personal obligations/ liabilities regarding the property are taken care of by Ashmore. Over the years we have developed a personal relationship which makes me extremely comfortable and stress free knowing our property is with the best of people"
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