Mature Market for Mortgages

Lending into retirement is gaining greater emphasis as people get on the housing ladder later in life. The number of new mortgages due to mature when the borrower is between 79 and 84 has risen by 162 per cent between the first half of 2015 and the same time in 2017. To fill the demand of a more market the number of building societies lending to older borrowers has risen from 18 in 2015 to 34 in 2017. Read the full article here.