Property wealth held by the over-65s tops £2.9trn – Key

Over-65s hold property wealth of more than £2.9 Trillion - IFA Magazine

Property equity can play a bigger role in retirement planning and in supporting the property market. Key says Over-65s own property wealth of £2.944 trillion outright which could be put to use supporting their retirement planning and give a boost to the property market, data from KeyLater Life Finance, the UK’s leading equity release adviser, shows. Its data shows more than 10 million over-65s own their properties outright without a mortgage and…

The rental market remains a problem and the widespread idea is that most of the landlords in our country provide that several properties with which they seek to benefit at the expense of the need of others but this Thursday we have known a report from the Rent Foundation Sure that draws us the profile [...]

Property wealth held by the over-65s tops £2.9trn – Key

The over-65s own more than £2.94trn in property wealth, which could potentially be used to support retirement planning and boost the property market, a firm suggested. The post Property wealth held by the over-65s tops £2.9trn – Key appeared first on Mortgage Solutions.