Thursday, May 11, 2006
Pensioners still face mortgage burden
BBC News: Pensioners 'face mortgage burden'
The BBC reports on a Scottish Widows survey which suggest that 1 in 6 pensioners still have a mortgage in retirement. It'll be a lot more than this in a few years if the thousands of people who are only paying the interest on their mortage don't start finding a way to start repaying the debt.
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