New photo Three million Britons 'will still be paying their mortgage during their retirement', study claims

About 3million homeowners will still be paying off their mortgage during retirement, figure have revealed.

And one in ten homeowners over the age of 55 fear that they will never be mortgage-free.

Experts say that soaring property prices mean buyers now cannot afford a home until much later in life, and then have to take on bigger mortgages.

David Hollingworth from L&C Mortgages, the broker behind the research, warned many home owners are likely to earn less after they've passed the age of retirement

A third of those who think they will still be paying off their mortgage in retirement believe they will have to continue working in order to afford the payments.

David Hollingworth from broker L&C Mortgages, which carried out the research, said: 'The fact that people increasingly have to work beyond their standard retirement age to pay off their mortgage is a concern.

'Many will see a dip in income post retirement which could pose affordability issues for older borrowers.'

One in ten homeowners in Britain aged over-55 fear that they will never be mortgage-free 

However, a quarter of those surveyed said supporting family members financially was the reason they expected to pay back their mortgage later than planned.

A record 2,374 newly built houses in London are unsold and empty, with stamp duty rises blamed for bringing the market to a standstill. Latest figures for the end of September show a rise of almost 50 per cent since the start of the year.

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News Pictures Three million Britons 'will still be paying their mortgage during their retirement', study claims

You don’t have to pack away your bikini just because you’re the wrong side of 20. These body-beautiful stars reveal their secrets to staying in shape and prove you can smoulder in a two-piece, whatever your age. Read on and be bikini inspired!

TEENS
Hayden Panettiere
Size: 8
Age: 18
Height: 5ft 1in
Weight: 8st

To achieve her kick-ass figure, Hayden – who plays cheerleader Claire Bennet in Heroes – follows the ‘quartering’ rule. She eats only a quarter of the food on her plate, then waits 20 minutes before deciding whether she needs to eat again.

Hayden says: “I don’t have a model’s body, but I’m not one of those crazy girls who thinks that they’re fat. I’m OK with what I have.”

Nicollette says: “I don’t like diets – I see it, I eat it! I believe in eating healthily with lots of protein, vegetables and carbs to give you energy.”

kim cattrall

Size: 10-12
Age: 52
Height: 5ft 8in
Weight: 9st 4lb

SATC star Kim swears by gym sessions with Russian kettle bells (traditional cast-iron weights) and the South Beach Diet to give her the body she wants. To avoid overeating, Kim has a radical diet trick – squirting lemon juice on her leftovers – so she won’t carry on picking.

Kim says: “I am no super-thin Hollywood actress. I am built for men who like women to look like women.”
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