Offering a flexible approach for the later-life borrowers of today

Intermediary news

According to UK Finance’s latest figures, the number of loans to older borrowers fell by 4.8% year on year. However, the value of that lending rose by 0.3% to £6.0bn in Q1 2026 compared with Q1 2025.

The reasons someone might want to remortgage or borrow after years of being mortgage free are unique – ranging from releasing equity for their children (or grandchildren!), funding adventures in retirement, or simply just taking out new mortgages later in their lives.

Newbury are well positioned to help you support your older clients

There are three main ways we can help those looking to borrow into retirement and beyond, up to the age of 90:

  1. We lend up to the age of 90 across our entire standard residential range, with a maximum age of 80 at the start of any mortgage.

  2. We offer a Retirement Interest-Only (RIO) product for those who have retired but are still receiving a regular income that could support a termless mortgage, for example a pension or investment income.

  3. We say YES to the Bank of Mum and Dad - we can help your client’s boost their loved ones up the property ladder in the following ways:

  • We allow family members to gift a deposit.

  • We allow family members to be jointly named on the mortgage with the ownership of the property in the name of the child (joint borrower sole proprietor).

  • We allow family members to borrow additional funds on their property and gift these funds to the child.

And not forgetting:

Our flexible and personal approach helps. We manually underwrite and provide real, human broker support:

  • Cases assessed by experienced underwriters—not automated systems.

  • We take the time to understand the full financial picture, not just the headline figures.

  • You can easily have direct access to a knowledgeable team.

  • We are happy to have early case discussions to help you sense-check and place with confidence.

  • Our convenient instant chat is available Monday-Friday, 9.00am to 5.00pm. (from 9.30am on a Wednesday)

  • We don't credit score - each and every case is assessed on individual merit and circumstances.

  • We consider all types of income and a range of currencies.

  • You can now book an appointment with a BDM with our new online booking system here. 

If you'd like to discuss a case with us, whether it's straightforward or more complex, we'd love to hear from you. Call our team or start an instant live chat.