However, although most are enjoying the extra space and freedom, a quarter (25%) say that they don’t enjoy being an Empty Nester, with 16% saying that it’s difficult to live in the property now that it feels empty.
Despite living in an ‘over-sized’ house two-fifths (43%) say that they will not consider moving to a smaller property as they have built strong ties with the community that they live in.
Over a third (38%) say that they are ‘financially comfortable’ so have no pressing reason to downsize and one in three (34%) say that moving would be too much of a hassle.
Looking after grandchildren is also a major reason for Empty Nesters not wanting to move as over one in four (25%) say they need the extra space to look after them. Scottish parents are also more reluctant to leave a home full of memories (24%) compared to the rest of the UK (20%).
Empty Nesters typically have two spare bedrooms as a result of their children moving out. These are usually kept as spare bedrooms (63%) or home offices (30%), but there is also some desire to use the extra space for recreational use, with a hobby room being most popular (13%). Surprisingly, almost a fifth (18%) said that their kid’s bedrooms remain unchanged since they’ve moved out. Over half (53%) have also made improvements to their home since their children left; mainly to kitchens and bathrooms.
For expert legal advice on downsizing in Scotland then contact our specialist property lawyers today.