Over-50s specialist Saga is launching a mortgage platform which allows customers to compare and apply for deals from 110 different lenders in one place.
Customers can check the live prices and affordability of all available mortgage products including repayment, interest-only and buy-to-let loans through the platform.
The Saga Mortgages platform, in partnership with mortgage broker Tembo, is the latest project in Saga’s bid to become a ‘superbrand’ for older people in the UK.
Homeowners can also help a child or grandchild get on the property ladder by applying for an income or deposit-boost mortgage through the platform.
These products allow parents and grandparents to help out and vouch for aspiring first-time buyers to increase the amount they can borrow.
Each customer will also have access to their own case manager, who will liaise with the lender, solicitors and sellers on their behalf.
Alex Edmans, head of financial services at Saga Money, says: ‘We have created a service which simplifies the process, providing a personalised range of mortgage options, underpinned by a team of experts to provide advice and support.’
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