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How to downsize in 2025

Posted on Monday, December 16, 2024

How to downsize in 2025

Are you ready to unlock the next chapter in home ownership? Downsizing your home can be a thrilling adventure, offering you the chance to find a property that perfectly matches your lifestyle and aspirations.

As the property market evolves, downsizing has become a significant consideration for many homeowners in Cheshire, looking to free up capital and enjoy the freedom of a lower maintenance home.

Recent research has shown that downsizing has reached a 10-year low but changing tax policies and market conditions are expected to revive market interest in moving to smaller, more manageable homes. With Labour's policies on inheritance tax potentially influencing homeowners' decisions, now is the perfect time to explore the benefits of downsizing.

"Downsizing doesn’t mean downgrading,” commented John Halman, chairman of Gascoigne Halman. “We encourage our clients to see it as an exciting opportunity to find a property that better suits their lifestyle, and we currently have some fantastic options available across our region.

“While buying a premium home in a property hotspot might be out of reach, a smaller property in the same location could offer new social and entertainment opportunities right on your doorstep. For those who love gardens and open spaces, consider moving to a stately home converted into apartments. This allows you to enjoy beautiful surroundings without the responsibility of upkeep. And let’s not forget the benefits of being part of a community as we age. Many of our wonderful Cheshire villages, such as Holmes Chapel, Kettleshulme and Lymm offer a wealth of community events throughout the year to keep you young, active, and enjoying life."

Imagine trading in your large, maintenance-heavy house for a chic apartment in the heart of a vibrant town, or a cozy cottage surrounded by nature. With endless possibilities, downsizing is not just about moving—it's about transforming your life and embracing new opportunities. Whether you're looking for a bustling urban environment or a peaceful rural retreat, the perfect property is waiting for you.

If you're considering downsizing in 2025, contact or visit your local branch. Let us help you find the perfect home that fits your needs and lifestyle.