There are lots of reasons why people decide to put their current home on the market, up sticks and relocate. In our experience, these are the top ten motivators for a move.
1. More space
Many people move house simply because they want more space. Whether they have a growing family or just want to be able to accommodate friends when they come to stay, increasing the number of bedrooms available is a top reason for relocating.
2. Less space
Conversely, some people opt to move house when they want less space to manage. Retirees and empty-nesters are generally the people most likely to downgrade when buying a new home.
3. A better location
When it comes to property, location is the one thing you can’t change. And if a current house just isn’t in the right spot, homeowners have no choice but to put their property on the market and buy somewhere new.
4. To be near good schools
Good schools often have very narrow catchment areas and parents hoping to get their kids into those schools will often pay a premium to live nearby.
5. To cut down on commute times
No one likes a long commute, so it should come as no surprise that a large number of people relocate every year to be nearer to work.
6. To be near transport links
Having easy access to bus, rail and road links can make life a lot easier. Whether homeowners are travelling for work, school or just for leisure, moving house to be nearer to good transport links is increasingly common.
7. Change of lifestyle
Sometimes, homeowners move simply because they want a change in lifestyle. These moves often involve relocating from the city to the countryside, a flat to a house or the suburbs to the seaside. People of all ages move house for a change of lifestyle, although young families and retirees are the most likely to relocate for a new lease of life.
Moving in with a partner is another common reason for moving house. In some cases, one partner will simply move in with the other while other couples will opt to buy something new together.
Most homeowners aim to gradually move up the property ladder over the years. People who have been in one house for a long time are therefore often motivated by a desire to upgrade when buying a new property.
10. Release equity
People who have owned their home for a while can be tempted to release the equity that’s built up in their property by purchasing somewhere cheaper. This can be a great way to raise funds for another large purchase or simply give homeowners more cash to live on during their retirement.
Whatever your reasons for moving house, we can help to make your purchase as easy as possible. Get in touch with a member of our team, or drop into one of our local branches, to find out more.