More people are taking a mortgage over 40 years
- Written by Chris Parry, Principal Lecturer in Finance, Cardiff Metropolitan University
First-time buyers moving in.Shutterstock/PeopleImagesMy generation of baby boomers in the UK generally grew up with reasonable expectations of buying a home in our mid-20s with a 25-year mortgage, happily being able to afford a family, and maybe retiring in our early 60s with a comfortable pension. How different today.
Largely because of an...







