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So, is it best to move house or extend nowadays?


Those who have visited this blog in the past - even infrequently- will probably have become aware of our company’s - Extend Now - Move Later message, which we promoted with some success throughout the pandemic …and indeed right through to more current times.


housing market uncertainties


As we ‘set sail’ this year for a ‘real’ challenging Winter ahead, of course, housing market uncertainties, inconsistent current home prices and general trials and tribulations of the mortgage market are, it seems, all very much still with us.


Extend Now - Move Later


That key statement of ours - Extend Now and Move Later - which we at Mint still view as something of a property ‘essential’ is very much still THE question of the moment… and will probably be so for some time, going forward on into 2024!

an ‘extended’ presentation


This being the case, we at Mint, this week, caught sight online of a quite extended different angled presentation on the ‘moving home’… or not message. It seemed to present elements of our key ‘Extend Now Move Later’ message from different angles,cleverly highlighting various practical and advisory choices.


telling questions


The operation in question reference this well-presented and intelligently angled ‘move home or not’ message are www.comparemymove.com. They posed all kinds of very telling worthwhile questions around this key decision on their comprehensive web site - very much a further, wider ranging , highly informative ‘take’ very much worth 'a read'


excellent and informative


… Thanks indeed then to the expert and well informed www.comparemymove team! …Click here for lots and lots of valued, thoughts, guidance and advice ….. https://www.comparemymove.com/advice/removals/other/is-it-better-to-move-house-or-extend#:~:text=on ……


key points


Below is a bit of ‘a taster’ - shall we say - of some of the key points of the comparemymove.com organisation’s excellent informative offering, very worthwhile for now - and indeed for the probable financial challenging times ahead for 2024….….……


1. Many people are left wondering - is it more beneficial to extend or move house? It's important to weigh up the costs of both…. as well as the reasons for moving or extending.


2. An extension will help add value to your home as well as creating space, but, the cost needs to be thought through.


3. Whether you should move house or extend… should be based on what will benefit you and your family the most.


4. According to data by TSB Bank, 2 in 5 homeowners would rather build an extension than move house.


5. Reference, for those who would prefer to extend rather than move, the main reasons for their decision were…. their attachment to their current home (50%), the cost of moving being too expensive (49%) and, also, their locality being better than elsewhere (25%).


6. Interestingly, 35% of those wishing to extend stated that they would go as far as remortgaging their house to release equity in order to afford the extension.


food for thought...


Lots more food for thought to check..review and consider here..... ......https://www.comparemymove.com/advice/removals/other/is-it-better-to-move-house-or-extend#:~:text=on…. and good luck indeed with your choices on extending or moving in these still very testing times!

We at Mint Builders are, of course, here to help locally with all kinds of questions and ideas and much practical advice too relating to your new home project and plans. We can assist with your home renovation priority planning and project organisation of all kinds.


Feel free to request our project planning and quotation visit to refurbish or extend your home for more energy saving ‘liveability’ and vital increased future protective money-making ‘added sales value’, never more vital than now. Contact Mint Builders on 07734 211958 or email mintbuilders@hotmail.co.uk


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