More older people struggling with housing debts
Date published: 21 May 2013
RISING numbers of older people are facing homelessness as they struggle to make mortgage and rent payments.
National debt charity StepChange has seen a significant rise in the number of over 60s asking for help.
In Oldham, 73 people aged over 60 asked StepChange for advice over average debts of £15,222.
Average rent arrears have jumped from £755 in 2009 to £825 since 2009; average mortgage arrears of the over 60s have jumped from £3,563 to £3,998 in the same period.
The charity is also concerned about the number of older people who still have mortgages. Last year, 4,317 over-60s still had a mortgage to repay.
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