Homeowners aged over 55 are almost as likely to upsize to a new home than downsize, according to new research.
The latest report from the NHBC Foundation found that 46% of the over-55s surveyed had invested extra money in their latest house move and that 40 per cent of them had chosen a four bedroomed house, despite an average occupancy of just two people.
The NHBC Foundation report: Moving insights from the over-55s – What homes do they buy, uses research carried out by the Centre for Housing and Planning Research to study the home-buying trends of the over-55s.
The report is available to download from the NHBC Foundation website.
Source Document
Source Document - Downsizing and Moving in Older Age.pdf
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