‘Marathon’ mortgages breaching state pension age

5 August 2024

Homebuyers are having to take out longer mortgages to afford monthly payments, despite inflation coming down, says Barratt Developments, but this could see them paying mortgages beyond state pension age.  Research by David Wilson Homes, part of Barratt Developments, found 43% of those aged over 37 expressed a preference for a long term mortgage,...