The thought of downsizing can be a little overwhelming, especially if you have lived in a property for many years, and so attempting to sort through and, in some cases, throw out, your belongings can seem like an endless task.
That’s why we have put together our top tips to help you downsize smoothly.
A well-planned move is usually an easy move, so get organised. Start by making a list of all the necessary tasks you need to undertake, and the timescale in which you need to complete it. Knowing what you have to do, and the time you have to do it will make the whole process a lot easier.
When thinking about what to get rid of, be practical. If you’re moving from a four-bedroom house to a one bedroom flat, you probably won’t need the extra beds, mattresses and bedding.
Sort through your loft, garage and kitchen as these are all rooms that tend to accumulate clutter you can live without. Do you have tools you’ve never touched? Or perhaps an unused exercise bike lurking in the corner of the spare room? If something is beyond repair or if you haven’t used it for years, get rid.
Don’t be afraid to be ruthless
Ditching your clutter can be tough so it is important to remain strong when deciding what to keep and what not to. However, don’t feel as though you have to part with beloved possessions. For those items you just can’t make up your mind about, offer them to a family member or put them into storage; you don’t want to part ways with a family heirloom if you’re going to regret it later. If you can’t live without it, keep it.
Establish how much room you have
Being able to see how much space you have will help you to figure out what furniture you should take with you. Measure your bigger items of furniture to work out what you’ve got space for in your new home and then draw up a realistic floorplan so that you can see how your existing furniture will fit into each room.
Whilst the square-footage of your new home may not be too dissimilar from your current property, the layout could be completely different, so make sure to keep that in mind when thinking about larger furnishings.
Cash in on your clutter
Turn your unwanted items into cash. Online sites such as eBay, Shpock, Gumtree or even Facebook, can offer an easy way of selling your old stuff.
Carboot sales are a great way to get rid of items that aren't too valuable, but which are still taking up space. If you want to offload pricier items, research your local auction house and look for a NAVA Propertymark valuer or auctioneer in your area.
Think about additional costs
Whilst downsizing will free up some of your funds (including lower energy bills, reduced maintenance costs and possibly a smaller council tax bill) there are additional costs to moving which can add up. It is important to factor in any estate agency fees, and you will pay stamp duty on any purchase in excess of £125,000. Other expenses include solicitor and conveyancing fees, a survey home buyer's report and removals/packing which can all mount up.
Source: NAEA Propertymark