Moving is more than just packing boxes – it’s one of the biggest decisions in your life. You might be looking for a new job, a better lifestyle, or just a change of scenery. While the process can be exciting, it can also feel overwhelming.
As we move towards 2025, it’s essential to consider how the changing housing market fits your personal and financial goals. Finding a new home is not just about the move; it’s about building a future you will enjoy.
Did you know that the average UK home cost £282,000 in 2024? Prices have increased slightly, but experts predict a 3% decrease in 2025 due to rising mortgage costs and the ongoing cost of living crisis. This could be a good chance for you to make a move that works with your financial goals.
In this article, we will guide you through five essential steps to consider before deciding to move. These steps will help you make a smart choice that aligns with your long-term plans.
Key Steps to Take Before Making Your Move in 2025
Here are the five key steps that you should take before making your move in 2025:
Step 1: Assess Your Financial Readiness and Set Realistic Budgets
Before you start looking for a property or scheduling viewings, closely examine your financial situation. Understanding your budget before looking for properties can help you avoid financial stress later. This means checking your current income, savings, and any possible changes in your finances, like a new job or changes in your family.
First, figure out how much you can comfortably spend on a property. Consider the buy price, keep in mind ongoing costs like mortgage payments, property taxes, insurance, and maintenance.
Remember one-time expenses such as lawyer fees, stamp duty, and moving expenses. Understanding all these costs will help you avoid financial stress later.
If you are thinking about a mortgage, get pre-approval from a lender. This will help you know how much you can borrow, making it easier to move forward when you find the property you love.
As the financial planning experts at Finli explain:
‘We often advise clients to treat a move as a financial checkpoint. Whether it is updating legal documents or revisiting retirement goals, aligning your plans early can prevent costly oversights down the line.’ Check out https://www.finli.co.uk/ for more insights.
Step 2: Align Your Move With Your Future Goals
Finding a property that fits your needs is exciting. However, it’s also vital to consider how well it will suit you in the long run. Consider where you want to be in five or ten years. Will this new place still fit your lifestyle as your job, family, and interests change?
Think about your goals, too. Are you moving to a place with better job opportunities or following a personal interest? If you have children or plan to have them, look into nearby schools, childcare options, and whether the community is family-friendly.
According to HomeOwners Alliance (HOA), 45% of UK adults expect house prices to rise this year. In contrast, 26% think prices will stay the same, and only 10% predict a decrease. This shows many people believe property values will increase when making housing decisions.
By planning you move with your future in mind, you can avoid the frustration of having to move again too soon if your new home doesn’t meet your needs.
Step 3: Research the Location and Lifestyle Fit
Moving to a new area is about more than just finding a house with the correct number of bedrooms. Choosing the right area is critical for your lifestyle and happiness. It affects your overall well-being, not just your convenience. As you look into your new location, think about these questions:
- How does the cost of living compare to where you live now?
- Are there nearby amenities that suit your lifestyle, such as gyms, stores, parks, or places for entertainment?
- How is the transportation system? Is it easy for you to get to work, or will traffic be a problem?
- What is the crime rate, and how safe does the community feel?
The best way to get to know the area is to visit it. Walk around, talk to residents, and check out the local facilities. This will help you understand the community and see if it fits your values and lifestyle.
Step 4: Get Legal and Contractual Affairs in Order
Before signing any contracts, ensure your legal and contractual matters are organised well. Understand the details of the property acquisition, check your current lease if it applies, and make sure your legal documents are up to date. Review papers like your will and power of attorney to see if they need changes after you move.
Hiring a property lawyer helps you comprehend the sale or lease contract clearly and prevents any unexpected issues later. Many buyers or renters overlook the legal side of the process, but a lawyer can help ensure everything is clear and legally binding.
If you are moving to another nation, talk to a tax advisor. They can help you understand how this will affect your taxes and residency status. This can help you avoid unexpected costs.
Step 5: Plan for the Transition From Packing to Settling In
After you sort out the financial, legal, and lifestyle details, you can focus on the practical parts of your move. This includes hiring movers and establishing utilities at your new home. Start by creating a timeline so you have adequate time to get everything ready before your big day.
Pack ahead to avoid rushing at the last minute, and label your boxes by room to make unpacking easier. Organise your new home to make it welcoming when you arrive – set up internet, gas, and electricity before you move in.
Plan for their needs during the move if you have kids or pets. This might mean enrolling your children in a new school or finding out someone to care for your pets while you relocate.
A recent survey found that people typically move 32 boxes, walk 9,440 steps, and lift 466 kg on moving day. Also, about 38% say they would struggle to move alone, while 62% prefer hiring professional movers. This indicates the importance of preparing in advance, as moving can be physically demanding.
Conclusion
Moving is a significant decision, especially in 2025, when the housing market changes. To make your move successful, first look closely at your finances. Next, consider your goals and research the area you want to move to. Address any concerns before you commit. This way, you can start your next chapter with confidence.
