Investment Property Mortgage criteria that must be met.

Key criteria that must be met:

• You must be aged 60 or over. There is no maximum age limit. It does not matter if you are a pensioner, self-funded retiree or continue to work.
  
  
• You must own the investment property. You may be the sole owner or share ownership with your spouse (some exceptions for trusts or companies).
  
  
• You must not reside in the property. However, the house can be rented out and may have other occupiers living in it. If rented, there must be a formal lease in place that is no more than 12 months in duration and does not take the tenant over the expiry date of the loan term. Please check with your financial adviser.
  
  
• The location of the investment property is also important. Check with your adviser, our website or call us on 1800 99 99 59 to see if your property sits within our approved postcode areas.