You need a mortgage that's right for you. And that's what we offer, because all our mortgages are individually assessed and underwritten in-house.
It means we look carefully at your own circumstances and try to find the best mortgage arrangement for you.
See yourself with one of our mortgages? Get in touch.
According to the United Nations, there are just over 4.5 million Britons living abroad. Many British expats command higher salaries when working outside of the UK, as well as a lower cost of living, which can afford them more disposable income which they may wish to invest in property in the UK through an expat mortgage.
Mortgages forMortgages for Help to Buyers
We're pleased to confirm that for those wishing to move away from Help to Buy, and acquire 100% of their property’s equity, all of our standard remortgage products are available up to 95% loan to value, subject to our usual affordability criteria.
Mortgages forLater Life Lending
Mortgages in later life
We understand that there are any number of reasons that someone could be seeking a mortgage over the age of 50. Perhaps they want to stay in the family home, release equity to make improvements, or want to help children through university or get onto the housing ladder.
We help customers who are approaching retirement, looking to borrow into retirement, or those already in retirement who simply want to continue with their current mortgage.
A retirement mortgage programme for older borrowers
Over the last few years older borrowers have faced significant challenges in accessing the mortgage market. In 2014 legislation known as the Mortgage Market Review (MMR) led to many banks and building societies refusing to lend to existing mortgage holders where the term would take the borrower over the age of 65. More emphasis was placed on affordability, which meant lenders must now look closely at the income and outgoings of mortgage applicants. This leaves older borrowers in their fifties and above with a reduced choice of mortgage products in the UK.
This, plus changes to state pension and retirement laws including the abolishment of the compulsory retirement age means the choices for borrowing later in life are limited. We are pleased to confirm that all of our mortgage products are available to those in retirement with no upper age limit. Through our Retirement Mortgage Programme we’ll accept 100% of a borrower’s pension as well as a proportion of other forms of income, such as investments, when addressing affordability.
of our later life
- Available to applicants aged 50 or over
- No maximum age limit
- Maximum LTV 75%
- Up to a 40 year term available
- Borrowing for: home improvements, second home purchase or gifting to help children onto the property ladder
for later life
Why choose Ipswich Building Society over other lenders? Take a look at our lending criteria and who we help to find out.YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Mortgages forFinancing a Self Build Home - Ipswich Building Society
Buying your first home can be a daunting prospect. There's a lot to think about from where you want to live, to what style of property and that's before we start talking about a mortgage.
Mortgages forLong-term disabled
We've been innovative in launching a Suffolk HOLD (Home Ownership for people with Long term Disabilities) scheme, a unique mortgage in partnership with Suffolk County Council, Saffron Housing Association and Orwell Housing Association for those otherwise unable to secure a home loan.