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Shepperton’s baby boomers are caught in a housing paradox: years of soaring property values have created wealth but left many trapped in homes that no longer meet their needs. With retirement-friendly properties in critically short supply, and many never even reaching the open market, the struggle to downsize is real.
Recent figures from the Office for National Statistics reveal that across the UK, 486,795 households are occupied by individuals aged 65 (and over) who live in a private rental sector home. This represents 6.71% of all OAP’s that are now renting privately.
If you are, then now is a crucial time to start the process, as of March 2025 first time buyers will have to pay more Stamp Duty. They are out now and want to buy!
From March 2025 the discounted Stamp Duty for first time buyers expires. With the average process of buying a home taking 12 weeks, you need to secure your home now!