Wednesday, 21 August 2019

Downsizers Want To Help Offspring Get On Housing Ladder


Home owners in Britain looking to downsize are four times more likely to spend their extra cash getting their kids on the property ladder, rather than supporting them through their education, according to new research. A survey of 1,000 home owners aged 55 and over by full service estate agency Yopa found that property takes precedent over education, with only 6% saying they would support their children through university compared to 22% wanting to help them get on the property ladder. While 23% of downsizers would like to spend more on their kids, more than twice as many would rather indulge themselves. Read more on the Property Wire website.

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