Record levels of retirees paying rent according to Countrywide

According to the latest figures from Countrywide’s Monthly Letting Index retirees in Britain spent a record £3.7bn in rent in the last 12 months, an increase of 216% ( £1.2bn) paid by retirees ten years previous, it reveals that retired people make up 8% of all tenants. The index reveals that London has the least…

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Boost for buy-to-let option for retirees.

New figures confirm that retired homeowners are typically earning more than £7,000 each from their homes over the  past six months, this is excellent news for retirees considering to use the Buy-to-Let option when choosing where to invest their savings that would otherwise have to have gone into an annuity. This news is well timed…

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