Upsize, downsize: Is swapping your home ever a good idea – and what are the pitfalls?

Much is made of the difficulties faced by first-time buyers to get onto the property ladder, but less talked about is the problem facing second steppers and those looking to downsize. As growing families struggle to afford to move up the property ladder could intergenerational house-swaps be the answer?  That's the question editor Simon Lambert, assistant editor Lee Boyce and host Georgie Frost tackle this week. What are the potential stamp duty and inheritance tax traps to look out for, and is it a good idea? Simon debunks the different ways businesses report profits and what to look out for, and updates on Neil Woodford. Lee runs the rule over the top easy-access savings deals as a number now match Marcus Bank's 1.5 per cent rate. Meanwhile, we talk about the plans to protect physical cash, as usage continues to dwindle – that, despite a launch of a new set of Peter Pan 50p capturing the public imagination.

There are no comments yet.

Please log in to write the first comment.