Quote Originally Posted by Pearcey3 View Post
I think many people take on huge mortgages but won't pay them off. They will look to sell off when their kids have flown the nest and trade down and pay off their mortgages.
Our home is up for sale at the moment, obviously have been speaking to quite a few estate agents, what you are saying is 100% correct but add on, part of the money made downsizing is given to a son or daughter as a deposit for their house my lads not even keen on this as he realises gas, leccy, food etc. costs!!!!!