Huge spike in retirees with mortgage arrears

Sarah Coles
pensioner protest
pensioner protest

Katie Collins/PA Archive/Press Association Images

The number of people over the age of 60 falling behind on mortgage repayments is climbing. According to figures from the Consumer Credit Counselling Service, the number getting into so much trouble that they seek help has jumped 44% in two years. This makes retirees the group with by far the fastest-growing problem.

So why is this, and what can you do if you're struggling to pay the mortgage?