Imagine having a mortgage of $400,000 when you hit your 50s.
For some Bay residents that is a reality, as Carmen Hall reports today.
Mortgage brokers told her they have seen a lot of people in their 50s come in seeking advice on how to deal with a $300,000 to $400,000 mortgage.
![Amy Wiggins.](https://www.nzherald.co.nz/resizer/v2/FB4IACXAVCQZT2EAAD7ZQKMFOE.jpg?auth=26815235b23caf4b3abec8288ba831bb35664d87c0e2fabbd9706cfccc8c4b18&width=16&height=12&quality=70&smart=true)
For some it was a drive to keep up with the Jones' which saw them borrow money against their house while others had tried to help their kids get into the increasingly expensive property market.