Homes loans not replacing pension

A financial expert has warned Britons not to view investment in property as a pension. Kate Barker, a member of the Bank of England’s Monetary Policy Committee (MPC), told a conference in Cardiff, organized by the Chartered Institute of Housing, that the housing market remains volatile. Ms Barker, author of the Barker Report into the future of housing in Britain, cautioned that in the near future housing will no longer seem “an exciting investment”, particularly if the market is dominated b