Percentage of older homeowners taking out 35-year mortgages surges
30 July 2025
There has been a “significant” rise in the number of people taking out mortgages with a term of 35 years or more, says Quilter. A Freedom of Information request to the Financial Conduct Authority revealed that in 2024, 30,338 mortgages with a term of 35 years or more were sold to people over the...
