Retired but reluctant to downsize? Small changes could make a big difference

Developer Linden Homes is hoping its advice on downsizing will buck the national trend of reluctance in retired people to move to a smaller property.

The results of a Yougov poll for retirement housing provider Hanover reveals that retired people are not particularly keen to downsize despite acknowledging a range of financial and lifestyle benefits.

Just 16 per cent of the 445 retired people who took part expected to move to a home with fewer bedrooms by the end of 2017, even though research suggests that a retired household that moved from a three-bedroom to a two-bedroom home could typically save £1,530 through lower bills and maintenance costs.

The amount could be even higher for people with an outstanding mortgage or those currently renting – up to £4,000 in some cases.

On the back of the research, developer Linden Homes claims the cost efficiencies can continue if downsizers move into a brand new property – like the exclusive range of two-bedroom apartments at the Orchid development in the Rutland market town of Oakham.

Ticking the boxes of people looking for a smaller, manageable, quality home in a fantastic location – close to a traditional town centre and amenities - prices for the apartments start from £119,950.

And here are some other advantages of downsizing: 

Less financial burdens 
Not so much housework 
Far fewer repairs and maintenance to do in the home 
No need to spend so many hours gardening 
The property feels more manageable and therefore more secure 
Feeling content knowing there’s no more need to move again 
A great cleansing exercise – a chance to clear out clutter 
A chance to have nearly all new furniture and pictures! 
Peace of mind of feeling in complete control of the house and everything

Linden Homes sales director Chris Roads said: “The apartments are a wonderful addition to our stunning portfolio in Oakham, and offer a slightly different style of living – which in light of this recent research seems a perfect opportunity for our customers to save money and reap the many benefits of a smaller property with little or no maintenance.

“The open plan design of the apartments gives a feeling of space and airiness, and the overall style lends itself perfectly to buyers looking for a quality home but on a slightly smaller and easier to manage scale.”

For more information on Orchid, visit lindenhomes.co.uk.