The All Party Parliamentary Group (APPG) on Housing and
Care for Older People has urged the
Government to offer a package of financial support and advice to make it easier
for older people to move home if they wish to downsize. The ‘Help to Move’
scheme would include a stamp duty exemption for older people buying lower value
homes, an equity loan offer - similar to the ‘Help to Buy’ approach already
aimed at first time buyers - and comprehensive advice linked to new pensions
freedoms. Read more o the Housingnet website.
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