Whether you’re looking to move to the coast, reduce the time you spend on up-keep or are wishing to release equity from the sale of your home, now could be the perfect time to consider downsizing.
Downsizing simply means selling your house to buy a smaller one that’s more suited to your current needs. Over time our priorities change and what worked for a family requiring transport links for work and proximity to schools, might not be the right location and space for older people wanting to spend more time enjoying life and better financial security.
Selling your home is always a big decision but there are many reasons why you might like to downsize. Many of the clients we’ve helped say it’s one of the best decisions they ever made.
Less maintenance
Larger houses invariably require more cleaning, gardening and repair work to keep them well maintained. Moving to a smaller, more manageable home would not only give you time back but leave more money in your pocket too.
Lifestyle change
If you’ve always wanted to live by the coast, or in the countryside, downsizing gives you that opportunity. It’s a time when you can really consider an area that’s right for you at this stage in life and beyond. What matters to you now the nest is empty?
Extra money
The current housing market is booming with large family homes in high demand. If releasing equity, for whatever reason, is of interest, now is a great time to sell. You’ll also be able to make money selling surplus furniture that won’t be needed in your next, smaller home.
Moving from a much-loved family home can be a very tough decision but we can be with you every step of the way. We’d recommend weighing up the pros and cons and making a detailed list of what you want your future to be so you are sure you’re making the right move. With more disposable income and less time spent doing maintenance, it could be one of the most liberating things you’ll ever do.
