What to do if you’re considering the idea of downsizing, buy or rent?

What to do if you’re considering the idea of downsizing, buy or rent? | Tuesday 14 January 2020 | 1 min read

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
• Renting
• Inheritance tax
• Staying put

Click here to find out which option might be best suited to you and your lifestyle needs and wants.

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  Catherine
  Banks Partner
  Residential Property Lead - Real Estate Team

  • Phone 01727 798 072
  • Email catherine.banks@salaw.com