Why most sellers are downsizing!

Christina Hoghton

model houses
model houses

More homemovers are looking to downsize their property than move to a bigger, more expensive home, according to a new report from Lloyds TSB.

The lender surveyed 1,000 people and found that a majority – 51% - cited downsizing as the main reason for selling their home, compared to only 22% of sellers looking to move to a larger property.