1 in 3 People over 55 Considering Downsizing
Recent research by the bi-annual Prudential Downsizing Index has revealed that in the past five years, one in three people over the age of 55 have considered downsizing. 77% of those thinking about the move are hoping to release equity to help with their futures, while 42% said they would use the extra cash to splash out on a one-off purchase.
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