Older People in ‘Under-Occupied’ Homes are Blocking Property Ladder for Younger Generations
Older people are staying in their homes longer and locking younger buyers out of family properties or homeownership all together. Economic uncertainty has depressed buying and selling activity among existing homeowners, Nationwide Building Society said, and potential first time buyers are feeling the consequences. The mortgage lender said homeowners aged 55 to 64 have been […]