Retirement Planning – Selling Your House To Increase Your Funds

NEED TO SELL YOUR HOUSE SO YOU CAN BUY A RETIREMENT PROPERTY?

You have found your ideal retirement property – safe, secure, convenient and neighbourly. All you need now is to sell your old home – easy! Isn’t it?

It should be – but the process is rarely trouble free and never quick. Property sale times in the UK now average around 177 days.

The problem revolves around the fact that, with some 80% of people owning their own home, most need to secure a sale on their present house before they can purchase a new one. As a result, even when you find your dream retirement home and a buyer for your present property there is invariably a chain of transactions which all need to be pulled together simultaneously.

one in five over 55 years old homeowners want to downsize

However, for many situations, time is of the essence and deadlines have to be met. This can be for a variety of reasons, e.g. you may have found your perfect retirement home but need to secure it quickly, or a builder may be offering an incentive for a quick completion.

According to a report compiled by leading independent retirement specialists, Key Retirement Solutions, when it comes to retirement;

  • One in five over 55 years old homeowners want to downsize on retirement
  • 60 per cent of those over 55 year old’s biggest worry is the hassle of moving
  • 49 per cent of those over 55 year old’s biggest worry is the expense of moving
  • 34 per cent of those over 55 year old’s biggest worry is the delays involved when selling your house on the open market

Quick Move Now is the only fool proof method of avoiding the stresses, delays and uncertainties of selling your home in the open market.

Most importantly it secures the property you want at the time you want it as we can synchronise our purchase of the current home with your new purchase. If the old home is worth more than your new one, you may even manage to buy without the burden of a mortgage.

There is no longer an official retirement age, and the age at which you can now claim your state pension ranges from 61 to 68, depending on whether you are male or female and what year you were born.

As the UK’s leading home buyer, Quick Move Now purchases property using their own cash funds – no mortgage required – and tailors its service to suit each individual client.

To date we have bought over 5000 houses throughout the UK! Watch our video below to see how we helped Gloria’s mother by buying her bungalow which had already been on the market for 24 months….

Are you thinking about selling your house in order to enjoy retirement?

Call Quick Move Now today and talk to one of our dedicated property consultants to discuss your options and receive your FREE no obligation estimate.

This content was written by Quick Move Now
Published on 11th February 2013
Last updated on 22nd May 2019

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