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Later life lending numbers cause for concern: say Livemore and Perenna – Mortgage Strategy

The latest data on later life mortgage lending from UK Finance reveals there were 29,060 new loans advanced to older borrowers in Q4, down 37.1% year on year. The value of this lending was £4.1bn, which was down 42.4% compared with the same quarter a year previously. There were 6,710 new lifetime mortgages advanced
United Kingdom Simon Webb Arjan Verbeek United Kingdom Finance Later Life Duty Land Tax

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