All sorts of reasons can usher someone from flat to house. We can reach a point where our current home simply no longer meets our requirements and it’s time to upsize. We all love space and the studio or one-bedroom flat that once seemed perfectly roomy and suitable is now pokey and confining. Of course, selling your home and then going through the process of looking and waiting for the right one to come along, dealing with all the money issues, legalities, negotiations and hurdles is not for the faint of heart. But regardless of that, it could still be the right move for you. Here are some of the possible reasons the time could be right for a larger home:
- You’re having children. If your life is following the well-trodden trajectory of moving from singleton to spouse, then it may be that your union is about to be graced by the addition of little ones. Each chapter of a life generally requires a home to match. When a baby’s on the way, there’s a period in which you can still cope with a one-bedroom flat. Even once the child is born, it’s still possible to get away with it for a while. But then your infant becomes a toddler it’s better to uproot and move now, before schooling begins. A larger property with outdoor space means more room for kids to run around, play games and grow and is the perfect setting for you and your family to make beautiful memories.
- You’ve saved up. You don’t have to be forging a family of your own to want to upsize. You could simply have coupled up with someone or even be single but simply wanting more room. Anyway, why wait until matters force your hand. Upsizing without the pressure of children on the way means upsizing with less stress. If you’re an independent adult and you’ve spent your twenties saving, then moving somewhere larger and nicer may well be part of your plan.
- You want an investment for later in life. Upsizing now means that farther down the line, you can downsize, giving you funds to augment your retirement pot or simply allowing you to free up capital for other pleasures.