When it comes to managing your money, there are some perks and pitfalls of being in a relationship. All of a sudden, you could be paying half of all living costs and you could even improve your chances of getting on the housing ladder.
Pensioners looking to help their children or grandchildren get a foot on the property ladder or who are stuck with existing interest-only mortgages could be offered a new type of home loan.
In recent months, we have seen a rise in the number of interest-only mortgages available to those in retirement age. This has made a huge impact for those looking for mortgages in retirement.