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Over-55s want to downsize to unlock £216bn in housing cash

Over-55s want to downsize to unlock £216bn in housing cash

The Telegraph - Sam Barker

But does Britain have enough appropriate houses to meet demand? Millions of over-55s want to downsize this year, releasing £216bn from their homes, according to new research. Ford Money, a bank, said 12.6pc of the over-55s planned to sell their homes and downsize in the next 12 months. The average …

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