One in five over 55s are considering buying their ideal
retirement home now and letting it out until they retire, according to research
from a pensions provider. Prudential
found that more than half of pension savers plan to raid their pension savings
to fund their ideal retirement home. Prudential says the trend of
‘buy-to-let-to-retire’ appears to be challenging the traditional route of
simply selling up and downsizing as a one-off property deal on retirement. Of
those over-55s who have already made a buy-to-let investment, nearly one in
three (32%) said they had done so to secure a property to live in one day. Read
more on the Landlord Today website.
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