The value of housing assets left in wills every year may have more than doubled by 2020 to £32bn, a Halifax Financial Services report said. Britons collectively could reap £360bn over the next 15 years from properties left in wills, a report suggests.
Unfortunately the only place you can read about this is on the BBC web site. Hopefully Halifax will get around to publishing the details, sometime soon.
It will be interesting to see what assumptions the report makes about the amount of housing equity that will be used to fund retirement. All my research shows that the value of housing equity is very high but so is the requirement to supplement the low pensions that most people will receive. Dick Stroud
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