New Homes blog
RIGHTSIZING NOT DOWNSIZING - BY LISA HILL
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29/09/2017
The prospect of downsizing is becoming an increasingly popular choice, with research from Prudential showing that nearly half of over 55s plan to downsize to a smaller property in later life. However, downsizing is not just about moving into a smaller property, it’s about rightsizing to a home which suits your needs.
This could be moving to a slightly smaller three bedroom house in a village setting, or into an elegant one bedroom apartment in the heart of a city. The important thing to ensure is that it’s the right decision for you.
Downsizing is an exciting change, with lots of benefits, some of which we have listed below:
1) You will save money
Downsizing not only releases equity from a past property, but movers can enjoy the convenience of owning a smaller home, with lower bills, less chores and a smaller list of DIY tasks. This extra time and money can be put towards other uses, such as travelling, pursuing a new hobby, learning a new skill or visiting family.
2) A safe lock up and leave
Many new homes, such as the apartments at our Knowle Hill Park development in Cobham, include good security features including secure underground car parking, to ensure residents have less to worry about when travelling for long periods of time. Also, the money saved on lower bills and maintenance costs can be used for hotel room upgrades, an extra spa treatment or that crucial glass of pre-flight champagne.
3) Chance to re-decorate
Many ‘empty-nesters’ will be moving from a home which has been lived in for a long period of time and this can feel like a big step. Downsizing not only gives an opportunity to enjoy a new lifestyle, but also by buying a new-build such as the Rotherfield house-design at Horsted Park in Chatham, movers are given a fresh canvas to bring your style and personality into a new home. If secured early enough, buyers can also have a say on some design features, such as the flooring and wall colour of their new homes.
4) Enjoy excellent local conveniences
At Countryside, we specialize in creating places people love, and many of our developments include green open spaces and excellent new local amenities on the doorstep. Community centers and healthcare facilities are just a few of the community facilities we help provide at a number of developments including Great Kneighton in Cambridge and Beaulieu in Chelmsford, to ensure that residents are joining a thriving community. Many of our new homes, like at Acton Gardens, are also within walking distance from a variety of shops, restaurants and more, all of which don’t require travel by car.
Downsizing can provide an exciting start to your next stage in life. Securing a new-build home will ensure you can live in a beautiful property which ideally suits your needs, leaving you to enjoy the freedom of a more streamlined, bespoke home.
Lisa Hill,
Marketing Manager
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About this blog
Here you’ll find property related blog articles from the team at Countryside as well as independent experts. Expect regular tips and advice on topics such as buying a new home, interior and landscape design, setting up home, mortgages and finance, plus articles on architecture, the property market, regeneration and more.