Moving to a smaller home
Downsizing from the family home frees you to live life in a different and a more manageable way… and with David Wilson Homes it doesn’t have to mean compromising on quality.
Why now's a good time to make your move...
Property values continue to rise
The demand for property in the UK continues to outstrip supply. The average house in Britain will be worth £220,000 this year - up £9,000 on 2016.1 Whether you want to release equity, pay off your mortgage, reduce your bills, fund your retirement, change your lifestyle or buy another property, downsizing now could ensure you maximise the value that you release from your home.
Take at look at our handy Home Buying Guide for help navigating the home-buying process.
No capital gains tax to pay
For most people downsizing from a larger, more expensive property to a smaller, less expensive one is exempt from capital gains tax if it is your main residence. That means all the equity that is released by downsizing your home is tax-free and can be used to do what you want with.
We can help you get moving
Our Movemaker scheme lets you sell your existing home with no estate agent fees
To help you on your way, we could pay your estate agent fees when you buy new. The Movemaker application process is simple and straightforward. We’ll arrange for an independent surveyor and an estate agent to value your current home, and once a selling price is agreed we’ll instruct an estate agent to market your home and cover all their fees for you.
Real peace of mind in your new home
At David Wilson Homes we understand that customers who are looking to downsize want to release equity and maintain a more affordable way of life.
Maintaining a level of quality and finish that you deserve
A smaller home doesn’t mean lower quality. We offer an extensive choice of beautiful homes in great locations with amenities to match, so you can be sure to find one that suits you.
Depending on how early you reserve, with our Expressions range you can tailor your home to suit your own personal style and specification. You can choose everything from bathroom finishes and fittings, kitchen cupboards and appliances, flooring and wardrobes to tiles and lighting.
This means that you don’t have to compromise on quality when you downsize to a David Wilson home.
To find out more about how we can help you downsize, talk to one of our Sales Advisers.
NB: Barratt Homes does not offer financial or legal advice. We would recommend that customers take financial advice specific to their circumstances before taking any action. Images may include optional upgrades.
2. Although all such schemes are commonly referred to as ‘Show Home Sale and Leaseback’ they in fact involve a licence. Customers must sign a licence agreement with us.