The Impacts of Inheriting Reverse Mortgages

In the next few years reverse mortgages are expected to become increasingly popular in helping to cover living expenses, as baby boomers begin to age. One impact of this is likely to be an increase in the number of children inheriting homes that are attached to these mortgages. Homeowners age 62 or older are able

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North-South Divide Is Alive and Kicking in the UK

More homeowners in the north of the UK have loans which are underwater, or in negative equity, than in the South. The percentage of UK mortgage holders with negative equity currently stands at 5.6%, with far more people in the north of England being affected than those living in the South

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