A report by Clerical Medical pensions reveals that pensioner inflation has risen by 3.9 per cent last year due to increasing housing costs.
August 22, 2006 (Press Release) --
London (adverse-credit-home-improvement-loans) 21st August 2006: A recent report by Clerical Medical points, that rising housing costs which includes council tax fees, has contributed immensely to the rising pensioners inflation.
The present inflation rate, which is 3.9 per cent, is the highest in the last decade. More than 90 per cent increase in home repairs have also contributed confirms the report.
Clerical Medical’s group economist, Tim Crawford said: "Pensioners have faced a one-third rise in the average cost of living over the past decade. Higher housing costs have been the key factor driving up living expenses for pensioners with, these costs accounting for almost a quarter of the average pensioner's total spending."
Many of the pensioners are depending on equity release products and home improvement loans to ease off the burden of maintaining their homes.
For additional information on the news, that is the subject of this release (or for a sample, copy, or demo), contact Webmaster, or visit www. adverse-credit-home-improvement-loans.co.uk
The present inflation rate, which is 3.9 per cent, is the highest in the last decade. More than 90 per cent increase in home repairs have also contributed confirms the report.
Clerical Medical’s group economist, Tim Crawford said: "Pensioners have faced a one-third rise in the average cost of living over the past decade. Higher housing costs have been the key factor driving up living expenses for pensioners with, these costs accounting for almost a quarter of the average pensioner's total spending."
Many of the pensioners are depending on equity release products and home improvement loans to ease off the burden of maintaining their homes.
For additional information on the news, that is the subject of this release (or for a sample, copy, or demo), contact Webmaster, or visit www. adverse-credit-home-improvement-loans.co.uk
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