Top tips for moving to a smaller property

Top tips for moving to a smaller property

For those nearing retirement, it's common to consider downsizing as a way to free up some extra cash and move to a more manageable property.

Nevertheless, many people can still be put off by the stresses of what can be an extremely emotional time, especially for those selling a family home with all its treasured memories and possessions, or moving on their own for the first time.

Experienced life coach and counsellor, Lynda Field, says don't be. She has teamed up with retirement housebuilder, McCarthy and Stone, to look at some top tips on how to make moving to a smaller property into a positive move for retirees. She calls it 'right-sizing'.

Lynda explains: “Moving home can be such an emotional experience at any age, but it's realizing that this is about moving forward not backwards, and thinking about the changes this could make to your quality and enjoyment of life right now – 'right-sizing'. Here are my five top tips to help get you started…”


5 top tips for retirees considering a move:

1. Not fearing the unknown – we all hesitate to leave the known for the unknown. Working with our doubts and fears in a rational way can help us to overcome our difficult emotions.

2. Be optimistic – whatever we focus on grows in our minds, so focus on the positive aspects that change will bring to increase your confidence and motivation. Picture yourself opening the door to a new home or apartment where you feel safe and secure and have the freedom to be totally independent, and don't lose sight of this.

3. Take it one step at a time - make a plan and then break it down into bite-sized chunks of action. One easy step at a time is the best way to achieve any goal. And getting it all down on paper is a great way to make a plan feel more realistic

4. Don't be afraid to ask for help or assistance along the way – many people actually love to help and there are companies out there like McCarthy and Stone who are equipped to provide you with all the services you need, and take some of this hassle out of moving.

5. You can do it - finally, remember you have got what it takes to make the changes you need to make. If self-doubts arise, just let them go. You're flexible and creative, and have risen to challenges many times before – you will do so again!

Geoff Bates, Head of Brand and Communications at McCarthy and Stone, comments: “For those who do make the decision to spend their later years in a new purpose-built retirement development, there are so many lifestyle benefits to be enjoyed; such as the freedom of living in a low-maintenance property where changing needs are 'future-proofed', and the opportunity to be surrounded by like-minded people and the many prospects for companionship this brings.

At McCarthy and Stone we see day-in day-out the positive changes 'right-sizing' can bring for today's retirees; and we strive to reduce any trepidation around moving, and to do away with any unnecessary hassles. We pride ourselves on making the move as smooth and stress-free as possible for all those who join our retirement living and retirement living plus communities.”

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Latest Comments

Tony Gimple
Tony Gimple 09 Dec 2017

Linking professionalism to limited company borrowing is a flawed concept. Despite S24 etc., limited companies are the most tax inefficient way of running a property business and leave borrowers seriously...

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Evelyn Attwood
Evelyn Attwood 01 Dec 2017

It's normal. If you plan to buy a house in one of the most beautiful spots in the country you should pay a high price.

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Evelyn Attwood
Evelyn Attwood 01 Dec 2017

I think that the situation will be the same at December.

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Scott Garnet
Scott Garnet 06 Nov 2017

If you have a patio or a porch it is important to make sure that any connecting doors are secured. Good advice for sliding glass doors is replacing the panels with storm resistant glass and getting heavier...

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richardrawlings
richardrawlings 01 Nov 2017

What has not been mentioned here is the effect of not only higher interest payments, but also that these payments are less likely to be offsettable as a business cost due to the scaling back of mortgage...

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Kelvin Lloyd
Kelvin Lloyd 09 Oct 2017

IT is up, to the Planners. If they will only give permission for bungalows on certain (suitable) sites, they will be built.

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maggie swift
maggie swift 09 Oct 2017

It's just the beginning of the shocking rise.

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maggie swift
maggie swift 09 Oct 2017

I have recently read that the bungalows can provide social housing for elderly residents in London.

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zoe glover
zoe glover 05 Oct 2017

Update! Worst company I have ever dealt with. Undervalued a Cambridge property by over 100k, wont take on any evidence of valuation including a RICS valuation done 3 years ago for the very same value...

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Paul Edwards
Paul Edwards 27 Sep 2017

Its nonsense articles such as this that make it harder to get clients to realise just how difficult the market is out there. When you see Rightmove and there are more 'price reduced' then 'new' most days...

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Tom Allen
Tom Allen 20 Sep 2017

Absolutely agree with you!

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RyanGeo
RyanGeo 18 Sep 2017

A sharp correction would be a less dramatic expression to use. That is already underway in certain sectors in Reading where I practice as Chartered Surveyor

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