Many people with big homes want to downsize to save on bills

Many people with big homes want to downsize to save on bills, but the cost of stamp duty simply doesn't make it viable.

If you're an older person, a £10,000 bill is enough to put them off, eating up any potential savings.

This is why many are just staying put, which is causing the UK housing market to slow. Many are now calling for incentives to free up these properties for the younger generation: https://bit.ly/4371rlA

#StampDuty #UKHousingMarket #UKProperty #Legal