Pros and Cons of selling your home to live in a motorhome

Living in a motorhome has become more and more popular in recent years. The UK’s National Caravan Council (NCC) reported around 16,608 new motorhomes were registered in the UK last year, via their official Twitter account, which is an 8% increase from previous years. If you are considering whether or not the motorhome life is suitable for you, here are some pros and cons to selling your house and taking the leap. First, let’s look at the upsides of selling your home to live in a motorhome.

Pros of VanLife

Adventure

If you enjoy travelling, adventure, meeting new people, and experiencing new things, van life gives you endless opportunities for adventure. Easily travel through the UK and Ireland or even further throughout Europe. Living in your van means that you can spend as much or as little time in each place as you like. You can truly get to know a new place, the people, the culture and food or you can make a flying visit and then move on to the next adventure. It’s an entirely different experience to just visiting for a holiday.

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Low cost

Although you will need to factor in certain costs such as campground fees, fuel and insurance, the overall cost of buying and living in a motorhome is substantially less than paying for a home. You will save on hefty mortgage repayments and the upkeep of a home, maintenance, and taxes. How much you spend a month living your van life depends on your circumstances and lifestyle, but it can cost as little as £400 a month, including fuel, bills, laundry, and tax and insurance.
Motorhomes can vary significantly in cost, depending on the size and level of comfort or luxury you are looking for. If you are considering selling your home to fund your vanlife, make sure to do a lot of homework. In order to understand if selling up and buying a motorhome is feasible, it’s essential to value your home, so you can budget for exactly what type of motorhome you can afford. You can value your home easily with an online valuation calculator, which gives a general view of the housing market in your area. If you are really committed to the vanlife, make sure to get a more accurate in-person agent valuation.
insurance, the overall cost of buying and living in a motorhome is substantially less than paying for a home. You will save on hefty mortgage repayments and the upkeep of a home, maintenance, and taxes. How much you spend a month living your van life depends on your circumstances and lifestyle, but it can cost as little as £400 a month, including fuel, bills, laundry, and tax and insurance.

Motorhomes can vary significantly in cost, depending on the size and level of comfort or luxury you are looking for. If you are considering selling your home to fund your vanlife, make sure to do a lot of homework. In order to understand if selling up and buying a motorhome is feasible, it’s essential to value your home, so you can budget for exactly what type of motorhome you can afford. You can value your home easily with an online valuation calculator, which gives a general view of the housing market in your area. If you are really committed to the vanlife, make sure to get a more accurate in-person agent valuation.

Simple Life

For many people, priorities in life have changed a great deal over the past few years. We now place more value on having an easygoing, uncomplicated, and uncluttered life. Downsizing and moving into a motorhome will give you a chance to simplify your lifestyle. In the words of Marie Kondo, only take what “sparks joy” and what you really need. Vanlife also gives you a chance to live close to nature, which has been shown to improve general physical and mental wellbeing as well as reduce stress.

Cons of VanLife

Less space

What can be considered a positive side of living in a motorhome can also be considered a con. The limited space is probably the most obvious downside to living in a van. If you are someone who is a little more attached to your stuff, this can be a real challenge. Space is at a premium, especially if two of you will be living in a motorhome together. You will sleep, work, dress, cook, and relax all in one space, which can be a real challenge and requires lots of discipline to make it work.

No address

Having no permanent address can prove to be more of a problem than you might think. Filling out most forms requires an address, and you usually need a fixed address for essential services like banking, insurance, internet, phone service, etc. One solution is to ask a close family or friend if they would agree to you using their address for correspondence and paperwork.

Driving Difficulties

It will take a bit of time and practice to get used to driving a big motorhome around. Parking and manoeuvring such a large vehicle presents its unique challenges. Depending on the type of van you own, you may also be required to hold a particular category of driving licence. Before you buy a motorhome, do some research and find out precisely what is needed.

Selling your home and starting a new life in a motorhome is a huge lifestyle change. Why not hire a motorhome first, and test run your new life? Get a valuation of your own home to see what you can afford. Choose your dream motorhome and hit the road!