Housing inheritance will benefit younger generations selectively,with less than a quarter of under-45s likely to gainProperty worth more than £400bn is set to cascade down from grandparents to younger generations in the coming decades, though only a minority of those under 45 are likely to benefit.
According to research by the insurers Royal London about 4 million of the 17 million people aged 25 to 44 are in the lucky position” of being in line to inherit from grandparents who acquire bought property. Related: Richest young people in UK also likely to inherit most wealth, or study finds Continue reading...
Source: theguardian.com