A report from the London School of Economics suggests that stamp duty is deterring older homeowners from downsizing, and that the overall rate of home moving would be 27% higher if the levy was abolished.
The number of intergenerational households, where children, parents and grandparents live together, is rising rapidly, according to the latest Census data.
A lack of suitable housing options for older people in the communities they want to live in is leaving many people trapped in homes that aren’t suitable for them.
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