Relocation to a new home is a significant decision that requires thoughtful consideration about your future objectives and possible changes over the next five to ten years. To guide you in making the most suitable selection, we have built a list of ten considerations to take into account when choosing the location for your next move.
1. Busy city or relaxing countryside?
Where you opt to live will largely depend on your personal circumstances. For instance, first time buyers in Leeds could be more inclined towards city living, whilst families and older folks might favour the tranquillity of a town, village, or rural home. Nevertheless, the ultimate choice remains in your hands.
2. Transport Links
Ease of transport is paramount in choosing a home. Commuters should evaluate the accessibility to major roads or motorways. Those depending on public transport may find city living more convenient. Always consider commuting costs and time, and consider walking or cycling to work if feasible.
3. Schools & Education
For families, schools are a top priority when house-hunting. If your children are at school or college, you may grapple with the decision to maintain them in their current institution or move them closer to your new location. Your intended distance of relocation will influence this choice. If you’re planning a family, this factor should also be contemplated, as the proximity to schools will eventually become crucial.
4. Nearby Facilities – What You Need vs What You Want
Distinguishing between essentials and luxuries is important. While having a gym around the corner could be nice, more immediate needs like grocery shops should take precedence.
5. Friends & Family
Moving away from friends and family can be difficult, particularly if you spend significant time with them. Many people move to be nearer to their loved ones, as having family and friends nearby can provide helpful support, such as childcare.
6. Is the property good value for money?
Getting good value for your money is essential when acquiring property. Check out prices of comparable properties on websites like Rightmove or Zoopla to gauge if you’re getting a deal. If you’re overpaying, the lender could devalue the property during the mortgage appraisal.
7. What is the community like?
Some prefer vibrant communities with frequent events, while others are more inclined towards tranquillity. Facebook groups can give you a flavour of the local atmosphere.
8. Career Changes
A primary motivation for relocation is to adapt to new career paths. However, with an increasing option to telecommute, this factor may no longer hold as much weight.
9. Type of Property
Your preferred type and size of accommodation plays a significant role in the choice of location. You may find semi-detached or terraced houses in the city, with larger homes in the countryside. Family size, future plans, and financial situation are key influencers of this decision.
10. Local Developments
Before committing, it’s paramount to research if there are any planned local projects. Large-scale housing developments could disrupt your peaceful countryside life.
Next Steps
Our ultimate goal is to arm you with information to make the best decision on where to move. Once you’ve found your dream home in a desirable location and ready to proceed, our team of highly experienced mortgage advisors is here to guide you. Book a free mortgage appointment with one of our certified mortgage advisors in Leeds at your convenience online. We eagerly anticipate working with you on your home moving journey!
Date Last Edited: February 27, 2024
