Pensioners pay more in rent
Published Date:
12 April 2008
RENTING a property during retirement costs nearly four times as much as owning one, according to Friends Provident.
Pensioners who do not own their own home need an average of £11,491 a year to cover rent, utility bills, ground rent and service charges, but the average homeowner needs £3,020 a year to maintain their home.
The full article contains 62 words and appears in The Scotsman newspaper.
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Last Updated:
11 April 2008 6:47 PM
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Source:
The Scotsman
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Location:
Edinburgh
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Related Topics:
Pensions
