Over the last year or so, many people have been forced to work from home for the first time due to the Covid-19 pandemic. We have all been told to avoid going out unless it’s absolutely essential, so those who could work from home have been doing just that. Hopefully, we’re starting to see the light at the end of the tunnel with this virus now, and over the next few months, we should all be able to get back to some semblance of normality. But I think that many businesses will have seen the benefits of having their staff working from home and we’re likely to see this continuing even after the virus is behind us.
Working from home is a great way for businesses to save money – no need to fork out for office space, and it can also work really well for employees too. Working from home has many benefits for families who may not need to pay out for childcare or before and after school care, as well as cutting out expensive commutes too.
One of the main issues though with working from home is that it can take over if you’re not careful. Having a separate workspace within the home can help to ensure that there is a clear line between work time and family time. But not every home is spacious enough for this to happen. During the pandemic, I have been working from our kitchen table alongside my five-year-old son. It is far from ideal! This is one of the main reasons why we are thinking of moving home – we desperately need more space.
Is it time to move house?
For me, I am likely to continue working from home even once life returns to normal. Whilst this will mean that my son is back at school, working from the kitchen table is far from ideal. My work stuff seems to take over the kitchen and I can never shut the door on it to enjoy an evening with the family, it’s always just there!
We have been starting to look into the costs involved with moving home. I have been crunching the numbers using a mortgage calculator, and on paper, we could easily afford to move to a bigger house, but there are lots of hidden costs involved that we need to take into consideration. I really want us to be 100% sure that we aren’t going to stretch our finances too much, but we do desperately need to move somewhere bigger.
As well as the costs involved with repaying a bigger mortgage, there are solicitors fees, estate agent fees, removal company fees and all kinds of other costs to think about.
If you’re in a similar situation, then make sure you know what all of the costs are likely to be before you take the plunge. For us, we are going to spend the next few months cutting back on our spending and saving up as much money as we can, so that we can afford any additional or unexpected costs.