What is rightsizing?
Are you over 55 and thinking about moving house? You may have heard of rightsizing and are wondering what it actually means?
Rightsizing essentially means moving to a home that suits your current needs. It is different to downsizing in that it does not necessarily mean moving to a smaller residence, but to one that is the right size for you and one that is more in tune with your current lifestyle choices. Whether that means relocating to the country or moving closer to family and friends in a property that is right for your changing circumstances now and in the future.
What are some benefits of rightsizing to a park home?
Positive lifestyle choice
Whereas downsizing can sometimes be looked at in a negative light due to the perception of being forced to move to a smaller property later in life, rightsizing can be seen as a positive lifestyle choice. Rightsizing isn’t about compromise, it is about choice, your circumstances right now, and the ability to own property with surroundings that suit you best.
Release equity
If you are keen to have more disposable income now and in future, rightsizing brings an opportunity to release equity in your current home if it is of a higher value than your new rightsized home, allowing you to invest in new opportunities for you and your family. Investing in a park home is usually cheaper than a traditional small home or bungalow without compromising on quality.
No stamp duty
There is currently no stamp duty to pay if moving to our Heron Park homes, saving you thousands which you can put towards enjoying your retirement. Our homes are also in the lowest council tax band making you further savings.
Low monthly bills
Monthly utility bills are likely to be cheaper as the property is likely to be smaller and, if newer, more energy efficient. Heron Park bills utilities quarterly and you only pay for what you use.
Location
Rightsizing can provide a convenient opportunity to live closer to friends and family, or closer to your favourite location. Heron Park is in a tranquil location yet in the heart of Darlington close to all majors amenities shops, restaurants, doctors, bus routes and the town centre.
Community
Our own Heron Park has a retreat style feel with a ready-made community of like minded people of a similar age where you will feel at home on arrival.
Low Maintenance
If you purchase one of our low maintenance Heron Park homes you can free up time previously spent decorating, mowing the lawn and cleaning with time to enjoy life and find new hobbies or pursue old ones. The homes even come fully furnished with an outdoor decking area so you really can relax in your new home.
Independence
Rightsizing allows you to relocate to a fully accessible property which can support you to retain an independent and active lifestyle throughout your retirement.
Security
We know that safety and security is of optimum importance when choosing a new home. Our parks are gated and well lit as well as having CCTV and patrolling security, offering a secure and private community where you can feel safe, day or night. At Heron Park all of our homes are also fitted with fire and carbon monoxide detectors providing an extra level of safety to our owners.
How do I go about rightsizing to a Meridian Park residential park?
Heron Park is a luxurious and exclusive residential park for the over 50s, situated in a serene location close to the centre of the market town of Darlington. With a range of different layout options available you can choose the park home that suits your needs and lifestyle. All of our luxury homes are currently priced at £109,995. To find out more you can visit our website here
