Moving out of London

We were delighted to contribute to an article in The Daily Telegraph, looking at costs for people selling their London home and upsizing to the countryside.

Someone selling in London for £2m – £2.5m can expect to acquire a family home with a good size garden and possibly an annexe, some land, a pool and tennis court in an edge-of-village location in the South Downs. But London leavers with £1m – 1.5m to spend are often surprised to discover they need to stretch their budget to get the kind of space they want in a small town or village location with good transport links.

The rise of home working has made living out of London a possibility for so many more people, so the competition for homes in this price bracket is considerably greater than it was five years ago. One of our clients sold in London for £850,000 and recently bought a property on the edge of Haslemere for £1.4m, close to the school and train station with views over adjoining fields. The property did require a little updating, but this enabled them to double the size of their home and hugely increase their outside space to meet the needs of their growing family.

You can read the full article here if you’re a Telegraph subscriber.