Let’s make downsizing feel like an upgrade

Downsizing is often prompted by lifestyle changes - such as children moving out, retirement, or simply wanting a more manageable home. If your current property feels too large, costly to maintain, or no longer suits your needs, it may be time to consider a move. Many downsizers find the process liberating, especially when it frees up equity for travel, hobbies, or helping family.

In Ireland, bridging finance is extremely rare, so most people need to sell their current home before buying another. That said, preparing your property for sale early - including photography, BER certification, and legal documents - puts you in a strong position to act quickly when the right home comes up.

Don't worry, this is common. You can prepare your current home for sale without listing it immediately. Once your dream home appears, you'll be ready to move fast.

Expect to budget for:

• Solicitor's fees (flat rate or percentage)
• Stamp duty (1% on properties up to €1million)
• Estate agent fees
• BER certificate
• Valuation and survey costs
• Moving and furnishing expenses

Planning ahead and getting quotes early helps avoid surpises.