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Retirement
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Repayment:
Interest only*:
The above payments are for illustration purposes only. You need to consider any insurance payments that also need to be made. Please note that any changes to your mortgage, for example, as a result of changes to the Bank of England base rate (variable rates only) or any overpayments you make, may affect your monthly payments. * For interest only mortgages you need to add on the cost of repaying the capital with a repayment vehicle such as an ISA or endowment policy. Loan to value (LTV) restrictions apply.
More stories on Retirement
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Social care spend for older people falls by £0.5bn
Jan 30, 2012
Spending on older people's social care in England has fallen by half a billion pounds, according to a new report
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Pensioners retire with £38,000 debt
Jan 25, 2012
Nearly one in five of people retiring this year will do so with outstanding debts, typically owing £5,000 more than those who retired in debt in 2011
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4.5m elderly forced to 'make do'
Jan 24, 2012
The stark choices faced by older people have been laid bare after an Age UK survey showed a third struggle just to buy basic supplies
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Care crisis looms for older people
Jan 24, 2012
New figures reveal that two thirds of councils have cut back their care for elderly people. It will have a massive impact on those who receive any state help - and even on those who already pay for all their care themselves. So what's going on?
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Equity release advisers slammed for offering poor advice
Jan 16, 2012
Leading equity release advisers have been accused of offering poor advice to pensioners and failing to explain the pitfalls of the schemes.
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Public told to buy property to pay for future care costs
Jan 16, 2012
The public will be encouraged to buy properties to cover future care home costs, according to a leaked report from the Department of Health.
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Work is no place for the young
Jan 11, 2012
A survey of older people found that the vast majority think young people aren't up to the task in the workplace. It's no wonder they aren't prepared to retire just yet.
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Expats on £1m British sickness benefit
Jan 10, 2012
10,000 Brits based overseas are raking in up to £1 million in sickness benefit nude European law. Is it fair?
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Millions in fuel payments to expats
Dec 19, 2011
New figures reveal that millions of pounds in winter fuel payments are being handed out to UK pensioners living overseas. How can this be right?
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Warning over lending to over-50s
Dec 19, 2011
Mortgage lenders should take a more "robust" approach to applications from those approaching retirement, the FSA has said
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Solving long term care crisis not a priority
Dec 14, 2011
The government recognises that there is a long term care crisis, and has pledged to do something about it. The problem is that it doesn't reckon it's going to get round to it until 2025
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2011 an annus horribilis for over 55s
Dec 07, 2011
Older Britons are set to end the year in worse financial shape than they started it.
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Survey reveals a third of OAPs feel badly treated
Dec 06, 2011
A report has found that a third of retirees feel they are badly treated. Findings in the report highlight that the retired population contributes £25bn a year to the state and society through unpaid childcare, charity and voluntary work
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Are you a victim of HSBC care home mis-selling?
Dec 06, 2011
HSBC has been found to have mis-sold thousands of bonds to old people looking to fund care home fees. Could you be a victim, and if so, how can you claim compensation?
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Clegg to axe bus passes and TV licences
Dec 05, 2011
Nick Clegg has announced that universal benefits given to all pensioners should be means tested. So what would this mean? And is he likely to get his own way?
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