Worried about what to do with your house when you go travelling? There’s a few options.
If you take a look at people’s bucket lists, you’ll find that there tends to be one common factor in the majority of them: travelling.
We are a nation struck by wanderlust. We want to escape the everyday and open our eyes to know parts of the world, different cultures and stunning landscapes.
But there tends to be one thing holding the majority of us back: fear of the unknown. We don’t know where to start! How do we save up the deposit necessary to get from A to B? Will we get lonely? Where do we actually want to go? Perhaps most importantly, do we have to give up our home? Let’s focus on the last factor in the list of worries for now. Here’s some tips on what to do with your house when you go travelling.
Throw Caution to the Wind
The first approach (and perhaps the most financially viable one too) is to throw caution to the wind. Sell up everything you have and start planning your around the world trip.
This is perhaps the best way to go about things if you’re planning to travel for an extended or indefinite period of time.
If you’re out gallivanting across the world, it’ll be relatively difficult to keep up mortgage or rent payments at the same time as supporting yourself on your adventures. The best way to go about things is to give the notice to leave on your rental property once your contract ends, or sell your property and keep the proceeds in a savings account to be used when you return and intend to settle back down.
You don’t necessarily have to forgo all of your belongings either. You can keep your beloved items in high quality self storage facilities, where they will be kept safe and sound until your return. Bear in mind, however, that this will only really work for those with few responsibilities back home. If you have children, pets, or others who depend on you, this is unfeasible.
This is the most risky way of going about travelling. I’d only suggest doing this if you were going for longer than three months.
If you really adore the place you’re in at the moment and can’t bear to see it go, you can always save up sufficient funds to cover your agreed payments until your return. This, of course, means you won’t be able to jump on the next plane out of the country.
However, it will allow you to head out later down the line safe in the knowledge that your property is waiting for you back home whenever you decide to return. It’s also a good backup in case you don’t enjoy travelling as much as you anticipated and want to cut your journey short. You don’t have to worry about returning back to your home country and having nowhere to live!
Take Shorter Journeys
A third option is to take shorter journeys intermittently. This makes your travels feel more like a holiday, but you can get away and check back up on things back home regularly too. Essentially, you get the best of both worlds!
Jay has had a full-time job since the age of 17, when he started his engineering apprenticeship. This means that we were never able to go away for three weeks at a time, or go travelling together. We then bought our house, which means funds towards travelling aren’t at the top of our list. We’ve decided to see the world together, but just in little bits at a time.
We want to see all 7 continents, even if this means going away for a week at a time, every year.
As you can see, you have several options available to you regarding what to do with your house when you go travelling. You can do things completely as you wish according to what’s most convenient for you and your needs. So, don’t put things off any longer! The world is your oyster, and it’s time to start exploring it.