Many people sell up and buy year on year. It can be a lengthy process, but it’s often a valuable one in the long run. If you’re already seeking support from a mortgage adviser, or are concerned about how long you can feasibly stay in your current property, it may be time to start looking at a potential move.
But what are some of the best reasons for moving home? When is a good time to finally pack up and go? Here’s our pick of five great reasons to get moving.
Your family is changing
One of the most popular reasons for people moving home is to find a bigger property. Whether you have a baby on the way or are looking to move in with a partner, relationships and family matters can be big motivators for moving. You could be moving to get access to better schools, a better neighbourhood, or to have your own garden. Families thrive in bigger spaces. If your family is changing it could it be time for an upgrade.
You need access to work opportunities
Commuting is never fun. Whether you’re on the motorway every day or on a busy train, there can be lots of time and money saved by moving closer to your place of work. You may even want to move home to be closer to new career opportunities. It’s a good idea to look at re-establishing yourself somewhere central if you’re focused on your career.
You may need to relocate somewhere new
Sometimes work can take us miles away. Whether you’re transferred cross-country for work, education or training, it makes sense to get moving. Any mortgage adviser will be able to help you understand how to transfer your mortgage to another property. It can be more cost-effective in the long run to move closer to where you need to be on a regular basis.
You're following your dreams
Okay – this one may sound a little corny, but when was the last time you really followed a dream? Many people move home to start completely afresh. There could be all sorts of reasons why you choose to escape your current lifestyle. You could be tired of city living and fancy pitching up in the countryside. Providing you have financial footing, the world is yours to explore.
It's time to move on
Sometimes people move home because their property is simply not working out for them. Don’t ever be afraid to think about moving if your house is too small, too expensive or you just don’t like living there anymore. Why should you settle? You may have outgrown your property without even realising.
Moving home can be a tricky time. However, it can also be liberating and exciting! Think carefully about why you may want to move, and get in touch with someone who can support all of the financial and logistic concerns along the way.