Regardless of what stage in life you are considering moving home, whether you're a first time buyer or a seasoned-mover; it is a daunting process and there is constant debate over whether buying or renting is the best thing to do. One thing is for sure, when you’re considering downsizing there are several advantages and disadvantages for both.
Steve Kenneford explores the options and the key considerations for downsizing your property including:
- Buying a smaller property
- Purchasing a flat
- Taking out a mortgage
- Inheritance tax
- Staying put
Click here to find out which option might be best suited to you and your lifestyle needs and wants.