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The downsizer’s dilemma: how the property market is trapping would-be movers

Rising cost pressures on bigger houses and a dearth of suitable smaller properties are making conditions tough

Anna and her husband always knew it was going to be difficult to sell the home in which they had lived happily for 17 years and where they brought up their three children. Little did they know how hard the process of leaving it would turn out to be.

“When our youngest child left for university, our thoughts turned to: where next?” says Anna, who is in her mid-fifties and did not want to give her real name.

She and her husband put their six-bedroom house in Surrey on the market in January. “We recognised it wasn’t ideal timing but anticipated that if we needed to drop our sale price, the people we were buying from would have to drop theirs too.”

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