article_snippet.sent: Pensioners are being offered mortgages that will only be paid off when Pensioners are 105.
article_snippet.sent: Traditionally, banks have been reluctant to allow borrowing beyond retirement, but now other lenders are considering raising other lenders age limits too.
article_snippet.sent: The option of taking out a mortgage to cover the shortfall has previously been unavailable as banks prefer people to repay before turning 70 or 75.
article_snippet.sent: If a person with a mortgage that lasts until they are 105 dies before paying off the loan, the usual rules apply: a person with a mortgage that lasts until they are 105 dies before paying off the loan, the usual rules apply estate, or whoever inherits the property, would either take on the debt or the house would be sold to pay off a mortgage that lasts until they are 105 dies before paying off the loan.
article_snippet.sent: However, it is cheaper for young people to obtain life cover to pay off a mortgage that lasts until they are 105 dies before paying off the loan if young people die early.
highlights_snippet.sent: Pensioners are being offered mortgages that will be paid off at age of 105 .
  