Are you unsure when the right time to move up the property ladder is? Only you will know when the time is right for you, but here are some classic tell-tale signs that now could be the time.
Growing family
A new addition to the family, such as a baby or even pets, could mean you need extra space. From an extra bedroom to a garden, as your family grows, your home needs to grow with you. It might even make you think about wanting to move near to more reputable schools or closer to family and friends.
Move near or far from the city
Maybe your current location isn’t quite right. Living closer to a bustling city might feel more like home, or perhaps a quiet life in the countryside is what you have always dreamed of. The location of your home can be more important than the property itself. No matter what the reason is, it has to fit with your lifestyle.
Made all the home improvements
Over the years, you may have made all the home improvements you’d like to make, or are able to make, to the point where your home has now reached its potential. However, if you feel that despite this, it still doesn’t tick all the boxes to be your forever home, then you might now naturally look to move on to somewhere new.
Financial circumstances have changed
Have you started a new job, saved extra money or built up equity in your home? It’s possible that your circumstances have changed and you’re now in a better position financially to move up the property ladder.
There are costs to moving house, aside from the property price, but if you can afford it, then now could be the right time to make that step.
It’s always on your mind
Do you find yourself scrolling through Rightmove and imagining how you would decorate it if it was yours? You have? Well it might be a sign you no longer love the home you’re living in, or it doesn’t meet all of your needs anymore.
It could be the big kitchen-dining area you’re lusting after so you can host dinner parties, a bigger garden to grow your own vegetables, or a small office room to work from home in that catches your eye. Whatever the reason is, if it’s important to you then it could be time to move.
You’re moving house, now what?
There are numerous steps to making the move. Whether it’s your first move or you’re a seasoned house-mover, it’s a good idea to be prepared and speak to a mortgage expert. Not only will they make sure you have the right mortgage, they can also give advice on protecting your home and will support you throughout the process.
Speak to your local mortgage and protection adviser today and they’ll be happy to help you with your next exciting chapter.
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