47% – The proportion of retirement income typically taken up by mortgage payments, according to research from Partnership.
£58,400 – The additional funds required by 2nd steppers to move to their 2nd home, more than double the average 1st time buyers deposit of £25,848, says Lloyds Bank.
1 in 8 – The number of people in the UK that live at a phantom address, whereby the property does not appear when filling in online forms. A fifth of these residents have failed a credit check as a result, says Ocean Finance.
£1.4Bn – The amount overpaid in housing benefits due to fraud and error in 2013/14, equating to 5.8% of all housing benefit spending, according to the National Audit Office.
20% – The proportion of UK couples who say they do not know where their main retirement income will come from, says Prudential.
44% – Just under half of UK parents say they may have to postpone their retirement due to the costs of supporting adult offspring, with 71% saying their lifestyle will be affected, according to research by peer-to-peer lender Zopa.
£877,000 – The cost of funding typical life goals including getting married, by a home, having children and retirement, according to Lloyds Bank.
