Mortgage Mayhem: Unprecedented Rise in Homeowners Facing Retirement Debt – Shocking New Data Revealed!
London, United Kingdom – Hundreds of thousands of homeowners in the UK have recently taken out mortgages that they may still be paying off well into their retirement years, according to estimates. Data from the Bank of England indicates a significant increase in the number of new mortgages with terms extending beyond the state pension age, particularly among younger borrowers under the age of 30. The rise in mortgage terms beyond retirement age is attributed …