West Wales Property Finders

  • Who We Are
  • About Us
    • What We Do
    • Why Use Us
      • Testimonials
    • Why West Wales
    • Fees
  • News
    • Property
      • Carmarthen
      • Ceredigion
      • Gower
      • Pembrokeshire
      • Property Prices
      • Holiday Homes
      • Holiday Lets
    • Press Coverage
  • Contact Form

Why People Are No Longer Downsizing

October 11, 2019 by Carol Peett

Financially Downsizing

For many, moving to a smaller home does not make financial sense…

It is a property truth, universally acknowledge, that people don’t downsize because of stamp duty and a lack of suitable homes.

There is another more compelling reason why people aren’t moving from larger to smaller homes in the present market, and it comes down to basic mathematics.  Homeowners often think they can gain more equity from their homes than the market allows………..

Carol Peett, a property finder in West Wales http://www.westwalespropertyfinders.co.uk says that when clients say they want to downsize, they often don’t want to move from a five-bedroom house to a two-bedroom one.  “When you show them a two bedroom home, they immediately say the house is too small.  If there are only two bedrooms it means the size of the living room and kitchen is likely to be smaller than they are used to.  What they are envisaging – and are unlikely to find – is the same size living area as their present house, with fewer bedrooms”.

Often people in this situation get discouraged and give up.  However, some opt to downsize financially, but not in the size of their home. “They may be buying the same size house, so not technically downsizing, but downsizing the price by moving from London and the South East to West Wales”.

The Times – Friday, 11th October 2019 – https://www.thetimes.co.uk/article/why-people-are-no-longer-downsizing-3s3t6f0q6

If you are looking to downsize or indeed buy any property in Pembrokeshire, Carmarthenshire or Ceredigion, give West Wales Property Finders a call on 01834 862816.  We can find the perfect property for you whilst saving you time, stress and often money too.

  • Facebook
  • LinkedIn
  • Twitter
  • Pinterest
  • Google

Filed Under: Press Coverage, Property NewsTagged With: Buyers' Agent, Buyers' Agent Pembrokeshire, Buyers' Agent Wales, Buying Agent, Buying Agent Pembrokeshire, Buying Agent Wales, Downsizing, Home Finder Pembrokeshire, Home Finder Wales, Homesearch, Homesearch Carmarthenshire, Homesearch Ceredigion, Homesearch Pembrokeshire, Pembrokeshire, Popular Towns in West Wales, Property, Property Expert Wales, Property Expert West Wales, Property Finder, Property Finder Carmarthenshire, Property Finder Ceredigion, Property Finder Pembrokeshire, Property Finder Wales, Property Finder West Wales, Property Finders West Wales, Property Pembrokeshire, Property Search Carmarthenshire, Property Search Ceredigion, Property Search Gower, Property Search Pembrokeshire, Property West Wales, Stamp Duty

Our Committment

We are entirely independent and represent only the interests of property buyers. This means that at all times we are focused solely on the needs of our clients.
01834 862816

Newsletter

Tags

Buyers' Agent Holiday Homes Home Finder Pembrokeshire Home Finder Wales Homesearch Homesearch Carmarthenshire Homesearch Ceredigion Homesearch Pembrokeshire Pembrokeshire Property Expert Wales Property Expert West Wales Property Finder Property Finder Carmarthenshire Property Finder Ceredigion Property Finder Gower Property Finder Pembrokeshire Property Finders West Wales Property Finder Wales Property Finder West Wales Property Pembrokeshire Property Search Carmarthenshire Property Search Ceredigion Property Search Gower Property Search Pembrokeshire Property West Wales

About Us

West Wales Property Finders can find your dream home and offer a range of services to save you both time and money. About Our Fees.

Our Location

Caermaenau Fawr
Clynderwen
Pembrokeshire
SA66 7HB

  • 01834 862816 / 077966 15332
  • carol@westwalespropertyfinders.co.uk

Press Coverage

For many families, luxury now includes a grand dining room, wine cellar, … [Read More]

All Press Coverage Articles

Connect With Us

  • Facebook
  • LinkedIn
  • RSS
  • Twitter

Legal

Privacy Policy

© Copyright 2014-2022 West Wales Property Finders · All Rights Reserved · Website Development

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT