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Another £13bn in mortgage sales to over 60s in a year as borrowers aim to limit inheritance tax bills
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Borrowers lock onto longer mortgages
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The number of mortgages that last more than 30-years that have been sold to UK borrowers has jumped 13% in the year to end of September, from 459,296 in 2021/22 to 520,779 in 2022/23, says Bowmore Financial Planning. Bowmore says that increase in interest rates has led more homeowners to look at these much