Retirement Borrowing: reality, perceptions, projections and potential

The Council of Mortgage Lenders has outlined a range of recommendations for regulators, government and the mortgage industry itself to improve the market for older consumers who legitimately wish to borrow in retirement to meet various needs.

Its report shows how complex and interconnected the issues are when lending to older borrowers.

The overarching message is that improving this market in a meaningful way requires significant collaboration both inside and outside the mortgage industry.