Release Equity:

Reduce Monthly Outgoings:

Reduce Maintenance Burden:

Move to a Better Served Location:

Costs of Downsizing:

Stamp Duty:

Estate Agent Fees:

Conveyancing Fees:

Homebuyer Survey:

Clearance:

Removals Costs:

It's crucial to carefully assess these costs against the potential benefits and weigh the financial and lifestyle implications before deciding to downsize. Consulting with financial advisors and real estate professionals can provide valuable insights tailored to individual circumstances.

Sourced from the Home Owners Alliance