A prolonged climate of high interest rates and expensive borrowing has impacted market activity, according to Yopa.
Related topic: Downsizers
Data from Quickmove Properties has shown that people moving to smaller homes is adding 343,000 bedrooms back onto the UK housing market per year.
Due to the current level of SDLT, many potential downsizers remain reluctant to move.
New research has found that just 14% of those aged over 55 and who are not yet retired are considering downsizing.
Jackson-Stops estimates that UK downsizers aged over 55 are sitting on £2.9 trillion in property equity
An analysis of demand levels for retirement community homes has found that silver downsizers face fierce competition in securing one due to limited stock levels.
Silver home sellers and buyers looking to downsize in later life are behind a rise in demand for park homes. Newly released research reveals where demand is highest based on the...
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