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Should you move home in 2024?

Posted on: Thursday, February 8, 2024

As the property landscape continues to evolve, the question lingers: Is now a good time to move home? To help you decide, we’ve come up with a list of reasons why 2024 could be the perfect time to embark on a new chapter.

 

Market dynamics

The market appears to be stabilising after the post-pandemic turmoil.

The market appears to be stabilising after the post-pandemic turmoil. The end of last year saw inflation experiencing the sharpest decline in three decades, falling to 4.6% in October from 6.7% in September according to the ONS. As the UK economy starts to heal, we can expect that consumer confidence will do the same. It’s important to work with a local agent who has their finger on the pulse when it comes to housing trends, interest rates and local market conditions, as understanding these dynamics will empower you to make an informed decision about the timing of your move.

 

Changing priorities

Life is a fast-changing journey of growth, and because of this, our priorities change all the time. As we enter a fresh new year, now is the perfect time to take stock and evaluate your current lifestyle, family needs and the trajectory of your career. Does your current home and location align with your evolving goals? If the answer is no, it could be time to explore the possibility of a new home that better complements your family and lifestyle.

 

Financial considerations

Above all else, moving home comes with substantial financial implications,

Above all else, moving home comes with substantial financial implications, from deposits and mortgage rates to the cost of relocation itself. It’s important to take a close look at your budget and assess your financial readiness before making any decisions. Better yet, you could consult a financial adviser to ensure that moving will be a productive step towards your long-term financial goals.

 

Work-life balance

The events of recent years have completely reshaped our perspectives on work and lifestyle. Remote work is now more prevalent than ever, and therefore people have more flexibility when it comes to choosing a location. If your work situation has changed, it could be worth assessing whether a change of scenery would enhance your work-life balance and overall well-being. A new home and a fresh start could be conducive to productivity and happiness while working from home. 

 

Community and amenities

The meaning of home extends far beyond the walls of your property,

The meaning of home extends far beyond the walls of your property, so make sure to explore the community and amenities that come with it. Even if you aren’t relocating far, you might be surprised by how much one community differs from the other. You’ll also need to consider factors such as schools, healthcare facilities and leisure spaces if you’re planning for the long term. Making a move to a harmonious and thriving community can have a huge impact on your overall quality of life, so if you’re focusing on self-care this year, moving could be a powerful catalyst for personal growth and happiness.

 

Contact us

Are you planning on moving in 2024? Contact your local Guild Member to get started on your journey.

 

Read What Our
Customers Say

"

We really wanted a purchase to go ahead through Wilkes-Green and Hill as you have been the most helpful agent we have ever come across (including Newcastle, Glasgow and Carlisle cities!) and we are sorry that the time you have expended on us has been in vain...

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Thanks to you all for making the sale of Mum's house so easy at a difficult time for myself and family...

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I've bought and sold many places - leading to a low opinion of estate agents! Until you came along! Many thanks for your professionalism, hard work and continued efforts. They are very much appreciated.

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Thanks for all your hard work and brilliant service!

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It's not very often that you come across someone so helpful and enthusiastic that it makes you smile!!Moving house was supposed to be stressful; thanks for making it so easy!! Your professionalism and hard work is much appreciated.

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You have handled the situation admirably, as have your staff...

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I would like to say again how grateful I am for all of your support since you took the property on to your books and all of the advice you have given me which was often above and beyond the call of duty. Your professionalism throughout has been excellent...

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A very big thank you to all of you for really fantastic service...definitely 5-star!

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...for your attention to detail and always returning my calls...

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...we would like to thank you, Gayle, Amanda and Tracy for all your help and kindness over the last 5 years, which has helped us tremendously. We also appreciate that you have gone the extra mile in several circumstances knowing that we were so far away...

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Having recently used 3 other agents I can say with hesitation that WGH are in a different league, very professional, efficient, polite and friendly. 3 other agents have marketed my house which only achieved 2 viewings in total. I had 2 viewings with WGH in the first week which I put down to their marketing skills

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WG-H couldn't have been more helpful, queries were answered immediately by professional courteous staff , and they even offered to turn the heating up in our holiday house when the weather was particularly cold. Gayle would ring us during an evening to respond to our query , if required and Amanda even paid a cheque into our bank account. What a lovely company to work with.

"

Adrian and his team have been amazing from start to finish. Very polished team, with the highest standards. I have recommended them to friends and family who have also been impressed by them.

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