Two in five renters reckon they will not own a home by 70 - Aegon

The survey also found one in seven (14%) people fear they will still be paying their mortgage at 70. According to Aegon, a combination of getting a foot on the housing ladder later in life, higher house prices and the ability to borrow for longer means many people expect to be repaying their mortgage into what would traditionally be considered their retirement years. According to the Department for Work and Pensions, in the 10 years to April 2017, the percentage of households privately renting increased across all working age groups. During this time, the proportion of homeowners with...