Downsizing Your Home
Your children may have flown the nest, you may be sick of cleaning all the time, maybe you have suffered a family grievance, or perhaps you simply want to save some money, then downsizing your property could be the answer? In fact, some homeowners have realised that “living large” doesn’t always mean bigger is better. That’s why more and more people in the UK are seeing downsizing as a step forward, with it becoming a growing trend.
In fact, it appears downsizing is becoming a growing trend in the UK. Our own research has shown that 40% of those intending to sell their property over the next year were motivated by a desire to downsize for various reasons.
Reasons For downsizing
- Children have left home
- Save money – either reduce mortgage prepayment or annual bills
- Death of a loved one
- Need a more manageable property
- Free up equity in your home
Downsizing is a step forward, not backward.
People used to think that downsizing was only done by ‘empty-nesters’ approaching retirement , because they no longer needed the extra space due to their children moving out. Nowadays, there are many reasons why moving into a smaller house can make sense for many types of individuals – it can be a way to start a new life in a new home.
There are still a lot of people living in big homes while their retirement savings reduce substantially due to high mortgage payments. In these instances downsizing to a smaller home with lower mortgage payments and living costs is always a no-brainer.
Large houses also take up a lot of time, energy, and effort to maintain it. Downsizing means less of your time, energy, and effort is taken up in maintenance and can go towards more enjoyable things.
Some people initially want a big house but overstretched themselves financially by chasing that dream. By downsizing they are able to lower their mortgage payments or release some equity so that they can pay off some of their debts. Or maybe you want to release the equity in your larger property by downsizing so you can go and enjoy life’s luxuries like a holiday of a lifetime, the purchase of a holiday home, or a brand new car.
National Homebuyers specialise in helping people release the equity in their property if they are choosing to downsize with our fast house sale service. Our cash offer helps you release equity in your home quickly giving you the freedom to move on with your future!
Our fast house sale service helps you downsize your home
National Homebuyers fast house sale service helps you downsize your home by providing you with instant cash for your property so you can purchase your new, smaller home without being restricted by a chain and without having to accommodate property viewings at your existing house. Unlike other fast sale companies, we have our own funds and we don’t use investors meaning there are no third parties involved.
Downsizing might not make sense in every situation, but it’s worth a look if want to save money and simplify your life. Why not contact National Homebuyers today on 08000 443 911 or click our “get offer” form to help you determine what your home is worth and find out how fast we can provide you with cash, giving you the freedom to move on with your future.