With so much activity in the housing market, it is natural that homeowners will consider if they should also move. Even now with the stamp duty holiday tapering off, there is a great deal to be said for moving to new surroundings and giving yourself a fresh start.
The past year and a half have been tough, and what you want from a home might be very different to what you wanted when you moved into your current home. There are various studies suggesting people want more space, inside and outside of their home. The impact of the lockdown period when many of us spent our days indoors is definitely a big factor to consider.
There are many factors associated with a move
You will also find that changes in people’s working practice creates an opportunity to move home. If you can work remotely, you no longer have to stay relatively close to your place of work. This might provide you with a great deal of freedom, and it could be a way to enjoy fresh impetus with your life.
Also, you might want to be closer to friends or family members, and a move might facilitate this.
You need to weigh up your options
One of the things about moving home is that it must be a personal decision. The reasons that another person moves home might not be a suitable reason or factors for you. Therefore, you need to do some work of your own. We can help you consider your options, but it will help you to consider the following points before deciding whether it is time to move or not.
The pros of selling your home
The cons of selling your home
Consider your current finances and what sort of home or area you can afford to move to
Consider your current living situation
Calculate the cost of moving
Estimate how much the cost of living will change if you sell your home
Research what homes in your area are selling for now
Create a timeline so that you know when to put your house on the market and when it will be sold
Think about what you want your life to be in the next five or ten years – do schools and transport matter?
If you work through these steps, you will have a great idea of whether it is the right time to move or not. However, we know many people like to talk through these issues with an expert, and this is something that we are more than happy to help with. We are experienced professionals in the local housing market, and we know the factors that cause people to move home.