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The Independent UK

Business

Vicky Shaw

25% of young new mortgage holders ‘have terms of at least 35 years’

Experian James Jones

PA Archive

A quarter of mortgage holders aged under 30 who started their loan in early 2023 have a repayment term of 35 years or more, according to analysis by a credit information company.

Experian found that 25% of new homeowners aged 29 and under between January and March 2023 had a repayment term of at least 35 years.

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