Over 65s 'need appropriate incentives' as Inheritance Tax & Stamp Duty stop 'right-sizing'

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THE NUMBER of people aged over 65 is rising, but there is a short supply of suitable and affordable properties for them to move into, a property expert has warned.

Solving the country’s housing crisis must include a greater focus on building new homes for older people and policies to help them right-size, leading professional property body Propertymark has told the UK Government.

 

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