Ipswich Building Society critiques government’s pension as a deposit idea


The government’s idea of allowing first-time buyers to draw from their pension for a deposit is an interesting idea, but it’s unlikely to help many people, Ipswich Building Society’s head of mortgage sales, Charlotte Grimshaw said. Pensions minister Guy Opperman is exploring using workplace pension auto-enrolment to fund deposits. Grimshaw said: “Based on UK average […]

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