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Retired homeowners still have mortgage debt

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  • Retired homeowners still have mortgage debt

    A recent study by Scottish Widows has established that the average outstanding mortgage debt is £38,000 with 1 in 8 retired homeowners owing at least £50,000 on their home. A spokesperson for Scottish Widows said their research shows that by the time they reach retirement, a considerable amount of pensioners still have a mortgage outstanding [...]

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  • #2
    Mostly retired persons invests on mortgage debt. There are lots of benefits they can get out of it..
    Getting an accurate information about Reverse mortgage is a big help!


    • #3
      Shocking new but very believable.