The most common reasons for using self storage...

The most common reasons for using self storage...

The self storage industry is one of the fastest growing in the UK with record numbers of people using self storage, and a huge number of new storage facilities opening every year.  But why are so many of us using self storage now?

1.  Run out of space at home

A common reason for using self storage is simply because you have run out of space at home.  Average house sizes in the UK are getting smaller and this combined with the expense of trading up for more space means that a lot of self storage clients are renting additional space in storage units to accommodate the overflow.  It is often cheaper to do this than to move house with all the additional expenditure that brings.  So, if you are feeling a bit cramped at home, why not consider storing some items to free up space. 

2.  Selling a house

Ask any Estate Agent and they will tell you that creating a great first impression is the key to selling houses.   You want to be able to show potential purchasers that your house is a functional space and comfortable to live in.  Cluttered hallways, overflowing cupboards and kid’s rooms which look like a toy bomb has gone off can be off putting to potential purchasers and stop them being able to visualise how they were able to live in a house.  Clearing away the clutter and creating a feeling of space by storing items can make all the difference to how you house looks when selling.

3.  Life changes

Marriage, divorce, bereavement, and birth are all life changes which often lead people into using self storage.  Whether these changes leave you downsizing, reclaiming space or needing to find a temporary home for household contents – self storage is often the answer.

4.  Builders are in!

 Building works to your house such as building an extension or major refurbishment can often leave your house in a state of turmoil and disorder.  Added to that, there is the inconvenience of excessive dust and mess caused through building works.  Packing away non-essential items which have been displaced whilst works are being done and storing them away from home means they are less likely to get damaged and keep the rest of your house free from clutter whilst work is taking place.

5.  Moving Home

One of the most common reasons for using self storage must be moving home.  In an uncertain housing market, people are often forced to move out of their current home before securing a purchase in order to keep their buyer.  Storing your contents when finding yourself temporarily between homes makes it easier to find temporary accommodation.  Once you do move into your new home, it often be really useful to have some off-site storage whilst you get organised.

6.  Hobbies

Sports and hobbies equipment can often take up valuable space at home, and, let’s be honest, hanging a bike or a surfboard on the wall of your sitting room is not to everyone’s taste!   Whether you are a collector, have a passion for cycling (and for owning more bicycles than can be considered strictly necessary!) or you need some space to store future ‘projects’ self storage is often a good option.

7.  Home Working

Trying to run a business from home, especially if that involves storing stock or equipment can quickly eat up any spare space you may have had in your house.  A growing trend towards freelancing, self employment and businesses run from home has seen a rise in small businesses utilising self storage units, both as a place to work, and as a space to store stock and goods away from home.

8.  University Students

Storage for university students is another area to have seen growth in recent years.  There are a number of student specific storage companies which offer the option of storing belongings over the summer break to save the hassle of dragging it all back home for the holidays and then back for the new terms.  Especially useful when moving to a new house which is not available until the start of the new term.  Many established storage companies offer special student rates for summer storage.

For whatever reason you are planning to store your goods – business or personal, it is vital to make sure that you protecting them with adequate insurance.   Storage Insurance from a specialist supplier like Store Insure covers your goods whilst they are stored away from home and is mandatory in most storage facilities.  Do make sure that you compare insurance, especially if it is offered as part of the storage cost, to make sure that it meets your needs and the level of cover you require.  Goods should be insured for their full replacement value.

For more information on storage insurance or to receive an instant quote, visit our website.  For more information on our marketed leading policy, have a look at our cover pages.

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Patrick Pellens

Author: Patrick Pellens

I started in the insurance industry in 2003 specialising in Personal Insurances such as Motor Bike, Car and Home Insurance.