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Downsizing for Retirement
As retirement looms and people start coming to terms with life after work, many are reviewing their retirement plans and finding that there may be some need for further change. For some their investments simply have not performed as well as they thought they would and they need to make up a short fall. For others, keeping a large home is simply beyond their physical of financial means and downsizing to more manageable home seems like an ideal solution.
here are many companies appearing in the market place with a variety of solutions for individuals or couples in this situation. Some involve selling your home, others perhaps moving to a purpose built community. The self build option is very simple by comparison.
Quite simply, the Site 4 Self Build downsizing programme, helps you design the home that will serve your retirement days in comfort, with just the right amount of independence, space and facilities to suit your circumstances. When your new home is built, taking around 6 months, your old home is sold with your own estate benefiting from the surplus equity.
Some of the features commonly incorporated in a downsize self build are not usually available in the open market. So often, many people have extra work commissioned to change the new purchase into the home they want. This is not necessary with Self Build. Whether you want a “no step” environment, a seated shower or even a lift, self build can incorporate all your needs as well being super energy efficient. Primarily there are significant financial savings, with a new home typically costing around 65% of its market value to build.
Take a look at downsizing with Site 4 Self Build, the process is totally stress free and ultimately protects your family assets because you retain full ownership at all times.
Key Factors
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Stay in your current home until build is finished.
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Retain ALL the equity you have built up.
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Can positively form part of your Inheritance Planning.
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New home can be future proofed for all eventualities.
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