Insights

Many UK homes have unused bedrooms, limiting availability for first-time buyers. ‘Right-sizing’—moving to a more suitable property—could help address housing shortages by freeing up larger homes. However, emotional attachment and moving stress are key barriers to this.

With the Stamp Duty threshold changing soon, now could be a good time for first-time buyers however competition will be fierce. The right time to buy depends on personal circumstances, so seek advice to make an informed decision.