Tuesday, 15 March 2016

“Buy-To-Let-To-Retire” Is The New Downsizing

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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