Navigating the modern property market

Buyers   |   Lifestyle   |   Sellers   |   July 11, 2024   |   twentytwo

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Are you on the move due to a change of circumstance? 

In today’s fast-paced world, the concept of staying in one place or one job for life is increasingly rare. Changes in career paths, flexible working conditions, and evolving lifestyles have made moving homes a common part of modern life. Whether you’re relocating for a new job, seeking a better living environment, or exploring new opportunities, moving due to a change of circumstances has become a norm.

The rise of transient living

Fewer jobs for life

The traditional career model, where you stay in a single job or company until retirement, is fading. People now change careers multiple times, often moving to new locations for better opportunities. This shift has increased mobility and made the property market more dynamic.

Flexible working conditions

Modern working conditions allow for unprecedented flexibility in certain sectors. With many companies adopting remote working policies, employees are no longer tied to a specific location. This flexibility encourages people to move to areas that offer a better quality of life, such as more affordable housing or preferred environments.

Remote working

The ability to work from anywhere has revolutionised living choices. Many professionals now opt to live in places that offer a higher quality of life, access to nature or closer proximity to family and friends.

Young people travelling

Before settling down, many young people choose to travel and explore different parts of the country or the world. This exploratory phase allows them to experience diverse lifestyles and cultures before making a permanent home. In terms of the property landscape, it can mean younger people choosing to rent for longer before committing to buying their first home. Rising property prices also means the average age of a first-time buyer in the UK has gone up to 34 years compared to 29 years in 2011. 

The changing circumstances

Career changes

As some people more frequently change careers or take on new roles, moving closer to new job opportunities is more frequent. This trend is driven by the need to reduce commute times, access better career prospects, and achieve a better work-life balance.

Lifestyle choices

Modern lifestyles prioritise work-life balance, leading many to relocate to areas that better suit their personal and professional needs. Whether it’s moving closer to nature, living in a vibrant urban environment, or finding a community that aligns with personal values, people are making moves that enhance their overall well-being and life choice.

Economic factors

Economic shifts, such as changes in the job market, housing affordability, or cost of living, can prompt moves. Relocating to areas with lower living costs or better economic opportunities can significantly improve one’s financial situation and quality of life. For example, people may choose to sell their prime central Manchester property, for more affordable living options in popular suburbs such as Eccles,  Salford or Swinton. 

Family dynamics

 Changes in family size or structure, such as marriage, having children, or downsizing after retirement, often necessitate moving to a more suitable home. People move to accommodate a growing family, seek better educational opportunities for their children, or find a smaller, more manageable home as they age.

Education and training

 Pursuing higher education or specialised training often requires relocating to cities or regions with the best institutions and programs. This can lead to temporary or permanent moves, depending on career paths and opportunities post-graduation.

Tips for a smooth transition

Plan ahead: Start planning your move well in advance. Create a checklist of tasks and set a timeline to ensure everything is organised.

Research your new area: Learn about the local amenities, schools, healthcare facilities, and community resources in your new location to help you settle in quickly.

Reach out to local estate agents: Consulting with local estate agents such as Hills estate agent can provide invaluable knowledge and expertise about the area you’re moving to. Their insights can help you find the perfect property that meets your needs and preferences, making the transition smoother and more informed. They can also connect you with all the companies associated with your house move such as solicitors, surveyors, mortgage advisors and even removal firms.

Stay connected: Keep in touch with friends and family during and after your move. Building a support network in your new location can also help you adjust more comfortably.

Embrace change: Moving can be challenging, but it’s also an opportunity for growth and new experiences. Stay positive and open-minded as you adapt to your new environment.

Conclusion

The dynamics of work, lifestyle, and economic factors have made moving more common than ever. People relocate for various reasons, from career changes to seeking a better quality of life. This trend reflects a broader shift towards flexibility and adaptability in modern living.

For those navigating these changes in and around Manchester, Hills Estate and Letting Agent are ready to support all your moving needs in Eccles, Salford, Swinton, and Greater Manchester. Our property expertise and knowledge in this area combined with our local teams can help make your transition smooth and stress-free, ensuring you sell or let your current property efficiently, for the best price, or find your new home to accommodate your evolving circumstances or life choices. 

We’re here to help and answer any questions you may have, so ask away! Get in touch with our teams today. 

 

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