Borrowing in retirement

Mortgages in retirement made simple.

Getting a mortgage after retirement doesn’t have to be complicated. At Newbury Building Society, we understand that there are many reasons you might need a mortgage in your 60s, 70s, or even 80s—whether it’s releasing equity for a holiday home, helping your children onto the property ladder, or simply staying in the home you love.

Why choose us for your retirement mortgage?

• Flexible lending up to age 90
• Specialist products for later-life borrowers
• Expert advice tailored to your needs

Mortgage lending up to age 90

Age shouldn’t limit your options. That’s why we offer mortgage terms up to your 90th birthday across our standard mortgage range.

• Maximum age at application: 80 years
• Term flexibility: new residential mortgage terms can run until age 90

Retirement Interest-Only (RIO) mortgages

Our RIO mortgages are designed for later-life borrowers who want flexibility without downsizing.

• Available to retired applicants aged 60+ with pension or ongoing income
• Interest-only, termless – keep your mortgage for as long as you need
• Suitable for purchasing or remortgaging your residential home
• Existing borrowers can switch to RIO or borrow additional funds
• Maximum age at application: 80 years

Ready to explore your options?

Speak to our mortgage advisers today and find the right solution for your retirement plans.