SUNLIFE has revealed that almost 500,000 pensioners in the UK have not yet repaid their mortgages.
SUNLIFE's third life surveyed more than 50 or more people. 
Of the 69 % of the housing owner, 23 % have a mortgage for an average of 67,478 pounds.
86 % of those with outstanding mortgages are still functioning, but 14 % of those who have repaid their mortgages have retired.
This means that one in 20 (5 %) still pays monthly mortgages among all the pensioners in the UK.
On average, these retired mortgages still have an average of 63,643 pounds, costing £ 765.75 per month.
Pensioners have slightly exceeded 30,000 pounds (31,063.84 pounds). This means that almost one -third (30 %) of the total income is spent in houses and is £ 9,192 per year.
According to the survey, the majority of retired people love their homes and do not want to move.
Half (48 %) says they don't need to do that, but one in five (21 %) says they don't really want to leave the house, but otherwise they don't. I am afraid of having a hard time to a cheap property.
Mark Frileton, the highest executive officer of Sunlife, said: “According to the survey, the average housing owner has more than 330,000 pensions, but the household income is only 30,000 pounds.”
“This means that the majority is poor in cash and abundant property, and most of them completely own the house, but about one in 20 still has a mortgage. For people, most of the relatively modest income (almost one -third) is still spending on houses.
“It makes sense to take advantage of the fairness that some of these people are tied to their homes, but for many people to release cash is not an option. In many cases, they are too expensive or they are emotionally tied to their homes. “
