Article preview: As the famous British proverb says, an Englishman’s home is his castle. The UK has long been known as a nation of proud homeowners. Getting a mortgage and buying your first home is still today an important rite of financial passage. Over time that mortgage would be repaid and ownership of a valuable asset would be available to provide a roof over your head as you moved into retirement. Home ownership would also form a central part of an inheritance for the next generation.
Rise of the mid-life renter
This 525 word blog post considers the rising popularity of renting instead of home ownership for people in their 40s and 50s, and what this means for retirement planning. Includes an expert comment from Alistair McQueen, Head of Savings & Retirement at Aviva. Written on 19th January 2019.
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