Author: pIOnfITOm

by pIOnfITOm

Britain’s later life lending boom!

The number of over-65 homeowners has increased by 52% over the last 20 yearsas homeowners are ageing at a faster rate than the UK population. According to the latest report from the Intermediary Mortgage Lenders Association, the need to serve a growing population of older homeowners is producing a new generation of mortgage products. The report has showed that homeowners over 55 now hold a...

by pIOnfITOm

Older homeowners are entering retirement but still struggling with debt

Entering retirement should come with a feeling of relief. No more work, you’re entering a relaxed, stress free period of your life, right? For manyof us, that’s not quite the case. Entering retirement in debt is never ideal. Nobody wants to still be paying off mortgages, loans and credit cards in their retirement days. We all wish to have a relaxed retirement, without the worries of financial...