Brokenshire: Let Young People Use Their Pensions To Buy Homes

      Young people should be allowed to dip into their pensions so they can afford to get on the housing ladder, the housing secretary James Brokenshire has said. Speaking at an event hosted by the think tank Policy Exchange, Mr Brokenshire said the country needed to look at allowing people to use some of their pension pot as a deposit to buy their first homes. He said: “It seems rather obtuse that we would deny people the opportunity to do this, given that we know those who own their own home by retirement are on average wealthier and do not have the burden of the largest expense in retirement – accommodation.” Read more on Inside Housing.

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