Retirement: How Britons can secure a mortgage in later life - vital steps to consider

RETIREMENT comes with a range of costs, which many people usually cover via a pension, however increasing numbers of Britons are facing later life with a mortgage.

Retirement plans often involve becoming mortgage free before leaving the workforce, but for many people paying this off is an endeavour which will take a longer amount of time. For others, purchasing a property in later life could be a retirement goal worth pursuing. As such, many Britons will be confronting a mortgage as an older borrower. 

It is often considered as difficult to secure a mortgage when a person reaches retirement for a number of reasons.

However,...
source: Express

2020-10-18 06:23
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