Is there a mortgage my friends can use to move without needing help from their daughter?
Their home would sell for £400,000 but bungalows near their family cost about £500,000
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Their home would sell for £400,000 but bungalows near their family cost about £500,000
There are 3.3 million over-55's in the UK who have an outstanding balance on their mortgage, but 16% of the group say the rising cost of living will make it harder to pay off the loan before retirement.
The original old age pension was worth just 37.5p a week for married couples, says financial expert Peter Sharkey.
The original old age pension was worth just 37.5p a week for married couples, says financial expert Peter Sharkey.
The original old age pension was worth just 37.5p a week for married couples, says financial expert Peter Sharkey.