Homeowners Foresee Long-term Mortgage Commitment

More than a third of owners expect it will be ordered to withdraw to his own house, new research suggests.Responding an investigation into one account, 36 percent of owners should be at least 60 years before its value mortgage.A more than 20 percent were not fully expected to pay their mortgage before a certain time in its 50 years, with many of them also complained that mortgage loan commitments are affecting other areas of your life.More that two in five claiming not to be able to save because of their mortgage, while nearly one fifth of 25 to 29 years, said she was forced to delay starting a family.



However Debbie Milsom an account he wondered why the owners have found that their mortgage burden.Paying a mortgage should not mean that people should put their life plans on hold Ms. said.She Milsom said: "It is worrying that the owners will consider that up to 60 years before they pay when they should spend this time preparing financially for their futures.Ms Milsom reminded owners that are often flexible solutions for managing payment payments.Homeowners overpriced May also find mortgage refinancing may help reduce your monthly commitment.



As fewer people put more money into pension mortgage refinancing could start looking to ensure economic stability for its years.Figures later released by Moneyfacts showed that yields individual retirement has left more than half in the latest decade.The means that even if the British make the same amount of money in your pension pot each year, their average earnings pension fund could be half what it would be in 1996.These latest figures should serve as a reminder that the security of a comfortable retirement is possible only for those to monitor and actively manage their pension systems, said Richard Eagling, Director of Investment, Life & Pensions Moneyfacts for research Moneyfacts.



The could cause more people to consider other options for financing your retirement, and get reduced mortgage on their house for a method to increase the amount of money available in later life.