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Pensioners still paying mortgage debt
Posted on Oct 07 2008 3:35 AM by
adeal
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And the over-55s with less than 10 years left to go are forking out an average of £725 a month to support the typical £55.046 homeloan, according to adviser website Impartial.com. Spokesperson Karen Barrett said:
"This study suggests that many baby boomers are facing up the reality of still having a mortgage debt close to, or even beyond, their retirement age."
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