The Main Reasons People Decide to Move House in Cambridge

Moving House Mortgage Advice in Cambridge

Moving house in Cambridge can create a great amount of stress with finances or personal issues which can make moving a difficult task. Many people move house for a number of reasons like finding a property with more space or starting new employment in a different location.

Reasons why People may Find it Appropriate to Move House:

• In need of a property with a larger amount of space.
• Seeking a change in scenery and/or lifestyle.
• Fitting within a school catchment area.
• Decided you no longer need a large space due to changes in your household i.e., children moving out.
• To be closer to friends and family.
• Relocating due to a new job opportunity.
• To move in with your partner or to move out away from your partner due to a breakup.
• To save money on home costs.
• Looking to upgrade to a property you desire.

The appeal for buying can be recognisably higher due to it potentially saving you money compared to renting, however, this depends on certain factors. That being said, moving house in Cambridge can be difficult for people who have created an emotional attachment to their homes, with it being a place where memories were made. There are many pros and cons when it comes to either moving house or staying in your home for longer, however, this is down to your personal preference.

In most cases, those who do choose the option to remortgage rather than moving house, as a means of making home improvements to their current property. Common projects we hear of people of taking on are extensions, kitchen renovations, garage or loft conversions and home offices.

Mortgage Advice for Moving Home in Cambridge

If you are looking to remortgage for home improvements, then getting in touch with our knowledgeable team of mortgage experts for a free mortgage consultation, may be beneficial. We are happy to book you in whenever you’re ready to speak to one of our trusted mortgage advisors in Cambridge.

They’ll be there to support you by comparing the potential cost of raising money to improve your home compared to how much it would cost you to move house. They are also there to help with calculating the maximum you can borrow. To assist with thinking about your next step, you will be given a monthly payment estimate.

Date Last Edited - 25/05/2021