Could Moving in with Family Be a Wise Move?

Could Moving in with Family Be a Wise Move?
8th February 2016

In a recent report two thirds of 2000 adults surveyed predicted that they may have to consider living with extended family members like elderly relatives or adult children in the near future and of those surveyed over half said their current property was unsuitable.

There are many reasons that families have for considering these options including financial, childcare, cost of care options and companionship. There are obvious benefits with the arrangement, older members of the family are more closely bonded to younger generations, financial assets can be pooled enabling a larger property to be bought, and everyone can care and support one another in the family unit.

Childcare becomes less of an issue which brings with it an increase in a bonded family unit.

The right property can make or break these living arrangements. Space and independance is important for harmony!

Homes with annexes are fairly niche and can be rare to the market place. Other options owners consider are conversion of attics ( generally better for teenagers due to stairs), and garages. Extensions are another option but very much dependant on the plot your home is situated on, subject to having the funds available, obtaining planning consent and other factors.

Stonearch is one such home with an annexe suite that has just come onto the market with our Mirfield office.

It is an individually designed, stone built, 5 bedroom executive family home at the head of a small development. Offering 4000 sqft of accommodation incorporating a self contained annexe suite ideal for a live-in parent or teenager. Finished to a high specification with no expense spared on the quality fixtures and fittings with feature oak staircase, galleried style landing and under floor heating. It has 2 double garages, gated grounds and all 5 bedrooms have their own en-suite making it a perfect choice for multi generational family living.

You can see more about this home here:

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