The pensioner mortgage afflicts one in three

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The pensioner mortgage afflicts one in three

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06-11-2008, 01:03 PM

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The pensioner mortgage afflicts one in three

Key Retirement Solutions is suggesting that around one-third of Britons who have entered or are nearing retirement still owe substantial sums on their mortgages.In a study of 4,507 equity release clients (aged 55 and over), one-third still had mortgage debt. Among the 60 to 69 year-olds, 35% were still repaying their home loans. Neither were [...]

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