Pensioners own property worth £752.72 billion
Retired home owners have total property wealth owned outright of £752.72 billion, according to research by Key Retirement Solutions.
The equity release company latest Property Index figures show that 34% of pensioner property equity is owned by over-65s in London and the South East. In London over-65s own property without any mortgages worth £132.27 billion and in the South East pensioners own £123.927 billion of property without mortgages.
January 25, 2013
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