At Newbury Building Society, we understand there are many different reasons why you want a mortgage which takes you into your 60s, 70s and beyond. For example, you may want to free up equity to fund a holiday home or give your children and grandchildren a helping hand on the property ladder.
We believe you shouldn't be limited when applying for a mortgage and that's why we lend up to the age of 90 across our entire standard mortgage range. This means that for new mortgage applications across our residential products, the term may be allowed to run until the borrower's 90th birthday. The maximum age of any applicant at the start of the mortgage is 80 years
Support for older/retired borrowers. We presented a set of challenging mortgage requirements. Newbury BS stepped up. Criteria included interest only, part/part, over 70 ages and need for lengthy offer period due to renovation. Few, if any other, providers would even consider our need. We tested Newbury BS claim that they do not discriminate on age and found they actually stand by it!
Our Retirement Interest-Only mortgage is designed to support borrowers in later life who do not want to downsize their current property and wish to remain in their home.
We lend to those aged 60 and above who are retired and in receipt of their pension or other ongoing income
The RIO mortgage is termless interest-only so you have it for as long as you need it
We lend to those who are purchasing or remortgaging their residential home subject to product terms
Existing borrowers are able to transfer onto the product to borrow additional funds
The maximum age of any applicant at the start of the mortgage is 80 years
Appointments are available by video call, phone and in branch.
Book now
Consumer information guide from the Building Societies Association.
ViewGet a good idea of how much we may be able to lend you in a few minutes.
Find out
If you have a mortgage with us - don't keep us to yourself. Tell a Friend about our mortgages and share £300!
More detailsKeep up to date with our latest news, product and event details
Newbury Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number 206077). Registered office: Newbury Building Society, 90 Bartholomew Street, Newbury, West Berkshire, RG14 5EE.
English law applies and we will communicate with you in English. We are participants of the Financial Ombudsman Service. We have a complaints procedure which we will provide on request. Most complaints that we cannot resolve can be referred to the Financial Ombudsman Service.
You can check the Financial Services register on the FCA's website.
