How to downsize successfully

People have all kinds of motivation for downsizing, but there tends to be two main reasons. Firstly, scaling down after children have moved out, when they no longer need all that space and could do with a bit more money to fund university fees, for example, or getting older; when heading towards retirement, people may choose to downsize in order to fund well-deserved holidays or lengthy travel.

Others downsize due to increases in the cost of living – because they want to live in a different, more expensive area, or because by selling a large property they can afford to buy two smaller ones, thereby giving them either a holiday home or a rental income.

How to downsize successfully

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