Dr Al Pinkerton

Dr Al Pinkerton

Liberal Democrat — Surrey Heath

Speaking in the House of Commons on 20 May 2025

Debate

Lifetime Mortgages: Support for Older People

Contribution

An increasing number of pensioners are reaching the end of their mortgages with outstanding borrowing and finding themselves unable to meet later-life lending criteria, and this is likely to become even more prevalent in years to come as house price rises continue to outstrip earnings. What discussions is the Minister having with lenders and the mortgage industry about expanding those criteria and giving hard-working pensioners who might otherwise be forced to seek council support the opportunity to remain in their own homes?

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