04.12.2012 - U.K: Retired homeowners possess property worth GBP756.3bln
Retired homeowners have total property wealth owned outright of 756.36 billion, according to research from independent equity release adviser Key Retirement Solutions. But over-65 homeowners in London, the South East and East of England are pulling away from the rest of the country, Key Retirement Solutions' Pensioner Property Equity Index found. Across the country homeowners aged 65-plus lost a total of 368.9million in the past three months - equivalent to around 80 each - as the housing market stabilised, Key Retirement Solutions' Pensioner Property Equity Index shows...............................................Full Article: Source
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