Maximum age removed for standard repayment mortgages
13 August 2025
1 minute read
We’ve removed the maximum age at the end of term on our standard repayment mortgages.
This means your clients can now borrow with no age limit on repayment, offering greater flexibility for those borrowing later in life.
Please note: Interest-only products still have a max age of 80.
Why we’ve done this:
UK Finance reports a 33.5% YoY rise in loans taken by borrowers over 55.* We’re responding by removing the maximum age, helping you offer better solutions and giving clients more time to repay and greater flexibility for complex financial needs.
*UK Finance Later Life Lending Update - Q1 2025
-
Affordability calculator
Find out how much your clients could borrow.
-
Product range
Check out our latest rates and products.
-
Lending criteria
Always up to date with easy to use search.
Meet your BDM
Here to support you
Available across the UK, your dedicated Business Development Manager (BDM) is ready to give expert advice on your product, criteria, or application questions.
Intermediary Support Team
For enquiries, live case support, or document submissions, our Intermediary Support Team is available from 9am to 5pm, Monday to Friday. You can contact them by:
- Phone: 0345 602 2338
- Email: intermediary.lending@newcastle.co.uk