You’ve made it! Or you’re very nearly at the age when you can start to think about how you’re going to enjoy your years of retirement…

shutterstock_101168752

Nationally, we’ve a problem with the amount of retired people living in properties that are really too big for them to manage. Some even argue that if this problem was addressed, it may go some way to solving Britain’s massive housing shortage issue.

If you’re in your early or mid-60s, it may be time to sell your house quickly and downsize to a smaller property.

Research commissioned by Retirement Move, an estate agent specialising in homes for older people, has revealed the ideal age to downsize is 64.

The survey of 1,000 people (aged 60 or older) found this is the time when people are still able to deal with the buying and selling of properties, and are physically fit enough to be able to handle the move.

Individual reasons for wanting to move vary, as you’d expect. One in five people asked said that their home feels empty, with so many rooms that aren’t in regular use. And seven in ten said they just wanted to relocate while they are still young enough to enjoy it.

Meanwhile a third plan to relocate to a smaller property that is closer to local amenities such as doctors and hospitals.

The benefit to downsizing, particularly at the right time, is that it can help you avoid years of struggling to manage a space larger than your needs, which can often lead to feeling overwhelmed and stressed.

Turning 60 isn’t the end of your life. It’s just the start! That’s what part of planning for retirement is all about…plotting new beginnings. Because dreams have no age limit.

Are you ready to downsize?

An increasing number of customers using our services to downsize to a smaller property; in fact over the last year 8% of our enquiries have come from people who want to downsize.

If you’re ready to move and want to do so quickly We Buy Any House might be able to help. To find out how get in touch.

Back to all articles
Share this article
19 September 2017 | Blog

Am I still a first-time buyer if I inherit a property?

With new schemes such as the Help to Buy ISA and easier access to mortgages with smaller deposits,…

11705392445_86c98890bc_b
4 August 2017 | Blog

How to keep a Property Chain moving

A property chain can often be a fickle but necessary part of selling and buying a home. Regardless…

7115374283_30d07f11c3_z
27 July 2017 | Blog

What happens to a property if there is no will?

Writing a will ensures that all the different parts of your estate will be inherited by the appropriate…

34773797930_42c287aeed_o

Get your free property valuation offer

Like you, every property is unique, so we’ll just need a few details before we can make you an offer

Or call us free today on 0808 231 8088

Alternatively you can request a callback