SALES NEWS: Over-65 home owners enjoy billions extra in property wealth
Home owners across the UK who are aged 65 or above have gained another £45.7 billion in property wealth in the past year thanks to rising house prices. Figures from a retirement consultancy show:
- Owners aged 65 or over have a remarkable £1.1 trillion in property wealth;
- The average 65-plus owner’s home appreciates £812 a month;
- Many owners consider using the wealth to help family members.
Here at East of Exe and West of Exe we’re happy to help discuss with any owner who may be considering down-sizing to release some of the equity in their home. Just pop in to one of our offices.