BSA Annual Lunch 2017
DWSN were delighted to host a table at the recent Building Societies Association (BSA) Annual lunch on 15 November 2017. It was very well attended with plenty of opportunity for networking and lively debate! Speaking at the BSA Annual Lunch, BSA Chairman, Jonathan Westhoff, gave an update on sector action for older borrowers on the second anniversary of the first BSA report.
DWSN were delighted to host a table at the recent Building Societies Association (BSA) Annual lunch on 15 November 2017. It was very well attended with plenty of opportunity for networking and lively debate! Speaking at the BSA Annual Lunch, BSA Chairman, Jonathan Westhoff, gave an update on sector action for older borrowers on the second anniversary of the first BSA report.
Commenting on the emerging demographic trends:
“The traditional first time buyer market we recognise is steadily shifting up the age range, with first time borrowing stretching beyond 65. Others choose to borrow to help their family, secured on the equity it has been their good fortune to see grow. Recent recognition by the FCA of retirement interest-only mortgages was welcome. A number of societies offer these mortgages, giving older borrowers a useful alternative.”
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