Sunday, April 20, 2008
Dealer Aged 102 takes out a 25-year Mortgage
A man of 102 has been given a 25-year mortgage for £200,000. If he survived to pay off the debt at age 127, he would be the oldest person who has ever lived.
The pensioner, from East Sussex, has agreed to make repayments of £958 a month, on an interest-only basis.