More over 50s now renting a home in the UK, research shows

The number of people over 50 living in rented accommodation in the UK has been on the rise over the last five years with a third now renting, new research has found. A third of people aged 50 and over currently live in rented accommodation, up from just over a quarter in 2011, according to the analysis from Saga Home Insurance. The reasons for renting are usually down to a change in family circumstance with more people aged over 50 getting divorced than ever before. Indeed, some 20% of renters o...