Do people in London look at house prices in the north?
howard h
Posts: 23,369 Forum Member
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Just contacted someone who reckons you can't get a two-bed house for less than £500,000 - because he lives in London. He's never checked the websites of estate agents, otherwise he'd see what he could get for £500,000 up here, and it's a darned sight more than a two-bed semi.
That money could easily get you a three-bed detached with garage in a leafy suburb. Two bed semi for £150,000 is well possible, leaving him £350,000 spending money - maybe enough to retire early on!
And, on top, I bet the cost of living here, from a pint to a ticket to the footy is a darned sight cheaper too!
So, just wondering, how many on here with property in the south have bothered looking what you could get in the north for the sale of it?
That money could easily get you a three-bed detached with garage in a leafy suburb. Two bed semi for £150,000 is well possible, leaving him £350,000 spending money - maybe enough to retire early on!
And, on top, I bet the cost of living here, from a pint to a ticket to the footy is a darned sight cheaper too!
So, just wondering, how many on here with property in the south have bothered looking what you could get in the north for the sale of it?
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This is the problem we have. Flies round shit.
But why would you bother looking when your life is down south. Bit pointless isnt it. Thank godness I live up north!!
If I could sell a house in London for £600k, move to one up here which may be larger for £300k, I'd pack in the job and live off the £300k left over!
Basically, if you won £300k in the lottery, and you are in your forties/fifties - that's what you do the lottery for, innit
Well quite. If your work and all your family and friends are in a particular area, looking at houses a couple of hundred miles away would be pretty pointless no matter what bargains they are.
People do that when they are old and slowing down, and even then many chose to head fir the sun rather than purely for cheapness.
Last week they were advertising a castle. It was cheaper than a central Lindon apartment. It was chap because it was isolated. Location, location, location.
If I had won the lottery I'd be as far away from a city as possible. Wales, Norfolk, The North..
Isn't that the appeal of the idea on 'Escape to the country'? Anyone with any sense wants to be more isolated
To answer the question though, yes I look all the time. There have been numerous occasions when I've considered leaving the smoke and returning to Stockport, where I could probably get a flat twice the size of my current Bloomsbury shoebox for a third of the price. Trouble is, I'm certain my partner wouldn't follow me.
Hmmm. Dunno the answer to that one.
... And cost of living, air quality (including general health), noise pollution, stretched public services, aesthetic consideration, overpopulation.. among other things.
I will never see the attraction of living in such crowded places. This town is bad enough and it only has a population of 80,000!
Cost of living (excluding housing) isn't a problem though. You tend to earn more here because the cost of living is higher, so that balances out.
But when I factor in the effect on my kids of taking them away from friends & family and the cost (and time) for travelling back to visit said friends/family, then it just wouldn't be worth it.
Barryshire.
Use it as a countryside retreat.
Bit patronising. London-specific, but you'll find that an awful lot of Londoners come from areas of the UK well outside London and are well aware that cinemas and shops can be found in the outer depths of, say, Lancashire. Again, it's about jobs.
Don't you believe it. My husbands earnings are about 40-50% down on what they werewhen he first got his badge 6 years ago.