MORTGAGES

• 3 Million in the UK Would Not be Able to Pay their Mortgage if Rates Rose
  A recent report has found that over three million citizens in the UK would not be able to make their mortgage payments if the rates rose by just 1%
• Departure of the Default Retirement Age Increases Mortgages
  There is a chance that in the next several months, the default retirement age in the UK, otherwise known as the DRA, will be dropped.