Finding out you need to relocate for work can feel like being caught in a whirlwind. Suddenly, you’re faced with a myriad of decisions—where you’ll live, the fate of your current home, and the daunting task of securing new schools for the children.
Toby Hill, Managing Partner of Lettings at Fisher & Partners, says, “Relocation, though challenging, presents a unique opportunity to reassess what’s really important for your family’s future.”
Embrace the Change with Confidence
Relocating isn’t just about moving to a new house; it’s about transitioning your life and all it encompasses. The decision to sell your home or rent it out requires careful consideration, especially if the move is sudden. “The beauty of letting your family home,” Toby suggests, “lies in preserving a touchstone to your past while embracing new opportunities.”
To Rent or To Sell? That Is the Question
For many, the idea of renting out their family home offers a reassuring safety net. “Renting out your property can be a smart move,” Toby advises. “It’s not just about income; it’s about keeping options open for your family.” Before you decide, ensure your property meets the required standards. Consulting with an experienced letting agent can provide clarity and direction.
If selling feels like the right step for you, prompt action is crucial. Begin with a market appraisal to understand your home’s value and work with your estate agent on a strategic pricing approach to facilitate a swift sale. Remember, an occupied home generally sells faster than an empty one, offering warmth and life that can captivate potential buyers.
Additional Tips for the First-Time Landlord
If you’re considering letting your family home for the first time, here are a few additional tips:
Understand Your Responsibilities: Familiarise yourself with the legalities of being a landlord, including safety regulations and tenant rights.
Prepare Your Home: Ensure your property is in tip-top shape, appealing to prospective tenants. Small improvements can make a significant difference.
Choose the Right Tenants: Conduct thorough checks to find tenants who will care for your property as their own.
Select a Property Management Service: For peace of mind, especially if you’re moving far away, a property management service can handle day-to-day tenant queries and maintenance issues.
Fisher & Partners: Here to Guide You
At Fisher & Partners, we understand that a work relocation is more than a logistical challenge—it’s a personal journey. “Our goal,” Toby Hill remarks, “is to make this transition as seamless as possible, ensuring you can focus on what’s next, with complete peace of mind about your property decisions.”
Keeping a touch point whilst you are away is not just emotional, it also includes retaining property ownership in the UK property market, one of the world’s most secure and progressive property markets.
Whether you’re leaning towards letting your property or putting it on the market, our team is here to offer expert advice, support, and a free market appraisal. Don’t let the process overwhelm you. Contact us today, and let’s discuss how we can support your next chapter.
Fisher & Partners is not just about properties; we’re about people, and we’re here for you every step of the way.
