Retirement: Rise in over 50’s renting their home

iStock_000001437287_ExtraSmallTraditionally the thoughts of people moving into their 50’s have turned to retirement and repaying their mortgage. However, new figures show an increase in the number of people over the age of 50 renting their home. The latest Countrywide Quarterly Lettings Index, for the second quarter of 2013, shows a 6% rise in the number of over 50’s renting their home compared to the same time last year. Experts believe the number of over 50’s living in rented accommodation could be down to a ...