retirement mortgages

[allotment10]

if someone is thinking about buying (to downsize) to a smaller property and didn't want to pay the asking price outright, would they be able to get a retirement mortgage over a certain period of years ?
ie: wife is 50 yrs of age, husband 62, both retired on ill health with reasonably good pensions coming in,
does anybody know of anybody who would give a retirement mortgage of roundabout �20,000 (in joint names).? the halifax used to do this but now have stopped,
would appreciate any help or advice, thanks.

[parkesquay]

As you both have collateral, i.e. pensions + savings(from downsizing)to support what appears to be a small mortgage I would be very surprised if(as neither of you is particularly old) you were unable to secure a mortgage. Why not just make a visit to a local Building Society tomorrow and just ask. Or, if you have a mortgage remaining on your present property why not transfer it to your new one.
In the interim have a look at this site:
http://www.freemortgageguide.co.uk/apply.php

[parkesquay]

Also, just put 'retirement mortgages' into your search engine( I did it on google). There were many references to them.

[allotment10]

thank you parkesquay, have found your link very helpful and have googled as you suggested, glad i asked on here, thank you so much :-)