What is the maximum time to repay the loan?

   The maximum term for repayment of the loan is usually 15 years, but mortgages can sometimes be arranged that have 30-year terms. The crucial factor here is the age of the borrower. The borrower, or eldest partner in the case of a joint mortgage, must be under 65 at the end of the mortgage term. So, if the eldest partner in a couple is 55 the maximum repayment term a bank will be prepared to offer is 10 years.