11 May 2006 Archive

Pensioners in £80bn of debt

One pensioner in six is still paying off their mortgage

One pensioner in six is still in paying off their mortgage in their sunset years, Scottish Widows Bank reveals.

Equity release market to soar

The number of people releasing equity from their homes is set to soar

The equity release market, which allows people to draw down money from their homes without having to make repayments or move house, is set to soar in the next three years.

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