Over half of all over 50s to use their property to fund their retirement The number of working over-50s planning to use their property as their pension has doubled in the last year - half (52%) now set to use cash in property to fund retirement 75% of over-50s own their property outright Average homeowner over-65 has lived in their property for 25 years The HIPpies ‘home is pension’ generation has doubled in the last year, according to retirement specialist...Read more

Play Fair on Age campaign victory on home buyers age caps In last weekend’s Money section of the Sunday Times Anna Mikhailova reported on an important victory for a Sunday Times campaign to lift age caps on mortgages. The article cites that ‘every building society in Britain is set to review its age limits for mortgages’. The Play Fair on Age campaign has been battling to assist the plight of the elder buyer. An example the Times illustrated was that...Read more

Pensioner property wealth hits £891 billion Over-65 homeowners are £3,700 better off on average over three months, Key Retirement Pensioner Property Index shows Retired homeowners have seen their property wealth grow by nearly £17.5 billion in the past three months as house prices continue to climb earning the average pensioner more than £1,200 a month, new analysis* from leading over-55s financial specialist Key Retirement shows. Pensioners who own their homes outright have gained an average of £3,725 each from their...Read more