downsizing
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Housing Market
‘It’s time to downsize and cash-in’ Rightmove tells older home owners
Portal claims owners of five-bedroom homes could release £498,687 in cash by downsizing to a three-bedroom house, and a £1m+ in the Capital, on average.
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Regulation & Law
Big lender calls for Stamp Duty changes to encourage downsizing
Suffolk Building Society says Stamp Duty is preventing people from downsizing and must be reformed.
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Latest property news
People hate downsizing out of their huge houses, research shows
Large family homes are very hard to leave – 43 per cent of UK homeowners experienced a sense of ‘sadness, grief or loss’ after moving house; while 83 per cent feel emotionally attached to their homes.
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