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18-24 year-olds most likely to downsize

News Team, 24/06/2022

People aged 18-24 are among the biggest age group to downsize property, according to new research by Hargreaves Lansdown.

Part of this is because young people are almost twice as likely to move as other age groups.

Overall, one in five people say they will move house in the next 12 months, compared to two in five for people aged 18-24.

There are several reasons for this. For example, young people moving out of their family home are less likely to be able to afford as much s...


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