As many as one transaction in three is now undertaken by
a so-called Last Time Buyer - twice as many as a decade ago. Data from the
Intermediary Mortgage Lenders Association shows nearly 200,000 owner occupier
housing transactions in England annually are made by the over-55s as a growing
number use their equity reserves to find their last home. IMLA’s research shows
that each year only around 2.5 per cent of the estimated 8m older homeowners in
England move but it predicts this to grow as the demographic group is
increasing faster than any other. Read more on the Estate Agent Today
website.
‘Hotel of mum and dad’ in UK at its fullest in two decades, study finds
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Almost a fifth of adults aged 24-34 are living with parents, particularly
in areas of high-cost housing
The “hotel of mum and dad” is the busiest it has ...
12 hours ago
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