Property wealth tops pension savings for retirees
Retirees have almost five times more money in their home than their pension, which could lead to many using property ...
Tag: retirement
‘Last-time buyers’ struggling to downsize
Potential ‘downsizers’ are struggling to move because of a lack of suitable homes and futile financial gains.
Advice for retirees using equity release to ‘bridge’ pension gap
More people would rather bridge the shortfall in their pension by releasing equity from their home than by saving money ...
Women turn to lifetime mortgages to subsidise pension shortfall
Single women are increasingly taking out lifetime mortgages with the proportion of female customers in this market rising by 50% ...
‘Gifting’ to families is driving equity release market
Retired homeowners make an average of £74,000 by releasing equity from their homes in the first three months of the ...
Mortgage debt for the over-65s set to double by 2030
New research has revealed that mortgage debt for the over-65s is set to double by over £19 billion in the ...
Want to keep your retirement dreams alive? A radical rethink on property is needed
A radical rethink on the role of property is needed in order for people to be able to fulfil their ...
Over-55s own homes worth more than the annual GDP of Italy
The over-55s in England have more wealth locked-away in their homes than the entire annual GDP of Italy. According to ...
Number of retired people in rented accommodation soars
The number of retired people living in rented accommodation has rocketed by more than 200,000 in the last four years, ...
Building Societies Association launches guide to help older borrowers
Retirement savings jar With over half of the UK’s building societies now lending up to or over the age of ...
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