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1 week ago

Dartmoor Financial
#socialseptember continues in the #laterlifelending world with a lovely client of mine calling in over the weekend just to see how my kids got on at school after their first week back. What a lovely thing to do 😊 #mortgageadvice #worktogether ... See MoreSee Less
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2 weeks ago

Dartmoor Financial
Low income doesn’t always mean no options.One of the features of a lifetime mortgage is that there is no income assessment and no traditional affordability-based credit scoring.That means it can sometimes be worth considering for older homeowners who have property equity but whose monthly income would make other forms of borrowing difficult.It won’t be right for everyone, and suitability will depend on your circumstances, your property and the lender’s criteria.The important bit is to start with advice, not assumptions.We advise clients across the UK by Zoom, phone and online, with face-to-face support where someone’s needs make that more appropriate.Expert advice without the stuffiness.A lifetime mortgage is a loan secured against your home. It may reduce the value of your estate and may affect means-tested benefits. Fees may apply. This is not personal advice. ... See MoreSee Less
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2 weeks ago

Dartmoor Financial
Another lovely later life lending outcome today. 😊I've finalised an application with Canada Life for a lifetime mortgage which will help a chap move house to be closer to his son.He couldn't quite make the numbers work without it.Yes, the solution is expensive and will have an impact on his finances and eventual estate. But there's a bigger picture here too.If Dad needs more help as he gets older, what is the cost — financially, practically and emotionally — if his boys can't easily get to him?This move gets him closer to family. ❤️Everyone involved. Everyone aware. Everyone in agreement. 🤝That's what good later life advice should be about: understanding the whole situation, considering the alternatives and helping people make an informed decision that's right for them.Now… excuse the casual attire. I'm off for my Conqueror Event run! 🏃‍♂️😂#SocialSeptember #LaterLifeLending #LifetimeMortgage #EquityRelease #LaterLifeFinance #DartmoorFinancialA lifetime mortgage is a form of equity release. It will reduce the value of your estate and may affect your entitlement to means-tested benefits. Interest may roll up over time. Equity release is not suitable for everyone and alternatives should be considered. Advice is required. ... See MoreSee Less
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2 weeks ago

Dartmoor Financial
📱 SOCIAL SEPTEMBER – something new for mortgage brokers!I’ve set up a Later Life Lending WhatsApp Community.Why?Because the later life market is getting broader and broader — Lifetime Mortgages, RIOs, TIOs, standard mortgages running into retirement and all sorts of interesting criteria in between.And sometimes you don't need a webinar, a sourcing session or an hour on the phone.You just want to say:“I've got a 72-year-old who wants to borrow £X for Y reason… any ideas?”That's exactly what I want this group to be for.A friendly place for mortgage brokers to:🏡 Chuck in later life lending scenarios💡 Ask questions🧠 Share hints, tips and useful criteria🤝 Work out whether to stick with the case or refer it on📚 Learn a bit more about the increasingly interesting 50+ lending marketI've been working in later life lending for over 12 years, and if I can help you find a route for a client, I will.And if it's one you'd rather refer? That's absolutely fine too — we work with introducers across the country.No stuffiness. No silly questions. Just brokers helping brokers get better outcomes for clients.👇 Join the Later Life Lending Community here:https://chat.whatsapp.com/Hi0pBMPqHQN99Nw3XvUzFoFeel free to share it with another broker who might find it useful too.#SocialSeptember #LaterLifeLending #MortgageBrokers #EquityRelease #LifetimeMortgage #RIO #MortgageAdvice #BrokerCommunity #DartmoorFinancial ... See MoreSee Less
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3 weeks ago

Dartmoor Financial
From his daughter’s sofa to a home of his own 🏡Day 4 of #SocialSeptember, and this is exactly why I keep banging the drum about the good that later life lending can do.We were introduced to a gentleman in his 70s who, following a divorce, was facing the prospect of sleeping on his daughter’s sofa long term.Thanks to a referral from Plymouth Mortgage Hub, we were able to explore his options and, with the help of LiveMore, arrange a lifetime mortgage that enabled him to buy a new home of his own.That’s not just a mortgage.That’s independence. Security. And somewhere to call home again. ❤️Later life lending isn’t right for everybody, but when it is right, the outcome can be genuinely life-changing.That’s the good stuff.#SocialSeptember #LaterLifeLending #LifetimeMortgage #EquityRelease #MortgageAdvice #PositiveOutcomesLifetime mortgages are a form of equity release. They reduce the value of your estate and may affect your entitlement to means-tested benefits. Advice is required. ... See MoreSee Less
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