Monday, 8 August 2022

Five Signs That It's The Right Time To Downsize


People downsize for a variety of reasons. Downsizing is selling your home in order to buy a smaller one. If you are thinking about downsizing but are still not sure whether it is the right decision for you we have rounded up the top five reasons that people downsize below.

Maintenance

Larger houses require more work to maintain them. This isn’t just limited to repairs but also weekly cleaning and basic upkeep. Maybe you are finding that you are not as mobile as you used to be, or that your priorities have changed and you would rather spend more time with family and friends rather than maintaining your home. Choosing to downsize can reduce the amount of maintenance that you have to do, freeing up your time to do more of the things that you enjoy.

Space

As families grow they need more space so over the years you will probably have moved several times to accommodate your growing family. However, once your children have grown and flown the nest you may well find that you feel like you are rattling around in a big empty home with lots of unused bedrooms. If you have more rooms than you know what to do with then it may be time to consider downsizing.

Health

Is maintaining your home taking its toll on your health? Or maybe you have developed some mobility issues and even with adaptations you are finding it difficult to cope with moving around in your home. A smaller property is not only easier to maintain but many people choose to downsize into a home with no stairs to assist with or prepare for potential mobility issues.

How does your home make you feel?

You should feel happy, safe and comfortable in your home. If these are not the feelings that your home elicits from you then you should definitely be considering moving. This is particularly true if being in your home makes you feel sad, lonely or scared. While moving will not automatically solve all of your problems, a fresh start in a new community may give you the opportunity to make new friends and feel safer.

Bills

The larger the property, the bigger the bills. The sharp increases in energy bills and the rising cost of living may be making you consider downsizing to reduce the size of your bills and make your monthly outgoings more sustainable. Alternatively if you have recently retired or if you or your partner have started to reduce your working hours then you may quickly find that your outgoings have started to outweigh your incomings. Downsizing can help to make your bills more manageable.

Choosing to downsize can be an emotional decision. If you would like to have an honest and sympathetic discussion about whether downsizing is right for you please give us a call on 01925 235 338 .

Wednesday, 3 August 2022

July 2022 Market Report For Warrington


How are your summer holidays progressing? We hope you’re enjoying yourselves and coping with the inevitable juggling act the kids off school presents.

The property market continues strong with our team busy helping Warrington move. The summer holidays are a great time to move home because it means you’ll be fully settled into your new place by the next school holidays, also known as Christmas time. The post-pandemic delays in sorting the paperwork once an offer has been accepted means you really need to factor a little longer into your home-move timeframe.

Let’s have a brief look at what’s been happening over the last month in the local Warrington property market.

There are currently 283 properties available for sale in Warrington. This is 8 more than last month. Of these 283, 59 were new to the market in the last two weeks. The average price of properties in Warrington is £257,282 with the median price at £230,000.

Most of the properties available are in the £100,000 to £200,000 bracket with 94 currently on the market. There are 18 properties available, in the £500,000 to £1 million bracket. In May, properties in the £500,000 to £1,000,000 bracket were selling the fastest, only on the market for an average of 33 days. They are still the fastest but the length of time was extended to 49 days in June and that increased to 58 days in July. This month, properties priced between £300,000 and £400,000 are the second-fastest movers, only on the market for 65 days.

Properties priced at £100,000 and under, are now taking 374 days to sell. This is similar to one-bedroom properties with a median price of £90,000 as they are currently sitting on the market for an average of 389 days. This has gone up from 326 days last month.

This is another example of how selling property can take longer than people often imagine. If you’re looking to upsize from your first home, or are an investor looking to change your portfolio, please bear this in mind when planning.

Let’s take a look at the annual figures now.

The majority of sales in Warrington during the last year were semi-detached properties, selling for an average price of £250,274. Terraced properties sold for an average of £180,622, with detached properties fetching £417,670.

Overall, sold prices in Warrington over the last year were 2% down on the previous year and 12% up on the 2019 peak of £229,734. When considering the facts presented in this way, the talk of an impending property crash can be explained as media sensationalism. There is cooling in the market prices but after the last couple of years, this is to be expected.

Babies are still being born, families' needs will continue to change, people will pass away, and others will get married or the opposite. Whatever happens with the cost of living and other external forces, the property market continues to rumble on. People often have to move home, rather than choose to. Don’t worry too much about the scaremongering and instead, focus on your needs and the needs of the people you’re closest to.There is a lot of demand and plenty of people looking to move around Warrington. If you’re thinking of selling your property, feel free to contact us. If you’re thinking of buying, letting or renting a Warrington property, please don’t hesitate to get in touch. You can call 01925 235 338 or email staff@hamletwarrington.co.uk.

Monday, 1 August 2022

How To Make Moving Home Less Stressful


Moving home is an emotional time. You may be sad to be leaving your old home but at the same time be excited about moving into your new one. Finding the right home for you and your family can be a stressful experience and then just when you have finished jumping through all of the necessary hoops and signing all of the paperwork the most stressful part of all begins, moving!

However, with a little bit of planning you can help to reduce some of the moving day stress and make moving into your new home a more enjoyable experience.

Start now

If you are reading this blog then it is likely that you are either fast approaching your moving day, are actively looking to move or are considering moving. Whichever of these best describes you it is never too early to start getting ready to move. The best way to start is to get decluttering. It’s easy to think that you have lots of time and everyone loves a bit of procrastination but the sooner that you start dealing with all of your excess clutter the less stressed you will be in the long run as you will have less to pack.

Get ahead

If you really can’t bear to get rid of some of your belongings but also know that you won’t need them before you move then why not take the opportunity to get ahead with your packing and pop them in a box so that they are ready to go.

Measure

Will your furniture fit in your new home? If not then paying to move it will be a waste of money and finding out now will be less stressful than finding out on moving day. If you have sentimental attachment to any particular piece then see if a family member would like to use it until you move again otherwise see it as an opportunity to start afresh in your new home.

Label it

Clearly labelling each box with its destination and contents will make it easier for the removal company (or you) to know which room to put each box in on moving day. If you unexpectedly need something before you move and have already packed it then clear labels will make it easier to find it too. The same applies when you are in your new home and need something before you have finished unpacking.

The night before

Pack yourself a bag with your important paperwork, identity documents, daily medication, toiletries, chargers and a change of clothes. You may find that you are too tired on the first evening in your new home to start unpacking so make sure that you have everything you need to be able to comfortably spend the first night in your new home in that bag.

Try to relax

Moving day can be stressful. Try to avoid putting extra pressure on yourself by setting yourself goals about what time you want to be in by as delays can happen, or how quickly you must unpack. By approaching the day with a relaxed attitude you will be much more resilient to and therefore less stressed if any hiccups occur. Just focus on how you are going to feel at the end of the day when you are settled in your lovely new home and use that feeling to help carry you through the stresses of the day.

If you are thinking of moving in Warrington and would like more advice on moving home then please do give us a call on 01925 235 338.