Monday 24 October 2011

Millions at risk of becoming 'OAP mortgagees' as we buy first homes later in life | Mail Online

Millions at risk of becoming 'OAP mortgagees' as we buy first homes later in life | Mail Online

Millions are at risk of becoming ‘OAP mortgagees’ as they buy their first homes later in life.

Many are being forced to rent for much longer than intended because of job insecurity and a credit drought.

Banks and building societies are also demanding large deposits before approving loans.

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