Four in 10 mortgages are being taken out by borrowers who will still be repaying them past their retirement age
![Four in 10 mortgages are being taken out by borrowers who will still be repaying them past their retirement age](https://i.dailymail.co.uk/1s/2024/03/27/22/82973813-0-image-a-56_1711578400518.jpg)
The Bank's figures showed that nearly 50 per cent of mortgages issued in the fourth quarter of last year were for terms of 30 years or more.