The Next Step On The Housing Ladder
Historically speaking, people went from a small flat to either a bigger flat or a starter house…
Then they would typically move from that bigger flat or starter house into a family home…
That family home could then potentially be sold and they would then move into their ‘forever home’…
With the cost of taxes and stamp duty moving house as many times as this is becoming less and less frequent popular.
Some young couples buy a flat or a small cottage as their ‘starter home’ and then move into their forever home as their next property.
“Historically speaking, people went from a small flat to either a bigger flat or a starter house.”
Other young couples add in one further step and buy their starter property, then move into their first ‘proper’ house and then make one final move when purchasing their dream home.
There are indeed some people that still move from property to property even when selling and buying…
Please do remember the cost of stamp duty when purchasing a new property.
Also, bear in mind that extending can allow you to potentially live in your current property for a longer period of time as well as adding value to your property in the long run.
Have you moved home multiple times?
If so, how many times have you moved?