LETTING & ESTATE AGENT

Following the government’s update on 13th May 2020 regarding home moving in England during the Covid-19 outbreak, we are pleased to announce our branches in England will start re-opening their doors for booked appointments over the coming weeks. Health and safety remains our main priority, and a number of strict measures will be put in place to protect our staff and customers. Our offices in Scotland and Wales will continue to support customers from home. Visit our branch page to find contact details for your local office.

Pensioners’ properties worth more than £770bn

Pensioners’ properties worth more than £770bn

Research has shown that pensioners’ properties are worth up to £770 billion with 4.7 million individuals owning their property outright.

 

The average value of an unmortgaged property owned by a pensioner rose by almost £12,000 in London, but fell by £1,570 in the South-East, the survey found.

 

There were 366,000 homes owned outright by over-65s in London, compared with 656,000 in the South-East.

 

The total value rose by £1.2bn over the past three months.