Why are property prices so different in the north?

lisyloo

Cakeguts wrote: »

I think some of the them assumed that the only part of the country worth living in was somewhere near London.

It could be ignorance, or it could be that they have grandchildren, children or elderly parents they like to see regularly (yes I know there are trains but doesn’t work if your taking your mum dinner every day).

Personally we wouldn’t move because we’d want to be close to elderly parents both on a regular and emergency basis.

I’m curious but do you have a reason for thinking people are ignorant rather than have good well thought out reasons?

I appreciate that family ties are not the same for everyone, but I know a lot of people who wouldn’t just “upsticks” from all their friends and family.

zagubov

movilogo wrote: »

Basic rules of economy - supply and demand.

Remember that there are lots of foreign buyers who buy properties around London. The North of UK does not see that trend.

Lifestyle in North is better though, not the typical rat race around M25.

Biggest problem is the lack of any good regional policy. Britain's arranged to suit employers, not those seeking employment. There's no sustained or consistent policy to relocate jobs outside London. In fact we used to encourage the reverse.

Britain's too over-centralised around London; most of the available cheap housing and spare workforce are in other urban areas. We've relied too much on people getting on their bikes to chase jobs but that can only be part of the answer; in fact it's turning into part of the problem.

I've posted links in the past about how London-headquartered parties have deliberately suppressed the growth of rival centres such as Birmingham. Policies like this need to stop, and the sooner the better. We need to spread work across the whole country.

Zero_Sum

westernpromise wrote: »

If the first bolded bit is true the second cannot be,

Cannot be?

London has a lot more in the way of leisure amenities that is true.
However when it comes to actually raising a family, the north wins by a mile
A decent sized family home with a garden is affordable on a average wage.
We have less crime, less traffic congestion, less pollution.
Car ownership is more feasible allowing for greater freedom to visit places outside your area on your terms.

I have loads of great beaches on my doorstep & can be in N.Yorks moors, dales, Northumberland & lakes with around an hours drive.

I honestly think even if you doubled my wage to live in London, id be still worse of in terms of living standards.

chucknorris

Zero_Sum wrote: »

I honestly think even if you doubled my wage to live in London, id be still worse of in terms of living standards.

I moved from Newcastle to London about 29 years ago (although I now in Surrey after spending 15 years in London). I have always got the option of moving back up there, and taking a windfall from the property price differences. But I like it down here too much, mainly due to my social circle. But also because I like doing outdoor things and the weather is a lot better down here.

Relocation might be something that I consider when I retire though.

lisyloo

chucknorris wrote: »

I moved from Newcastle to London about 29 years ago (although I now in Surrey after spending 15 years in London). I have always got the option of moving back up there, and taking a windfall from the property price differences. But I like it down here too much, mainly due to my social circle. But also because I like doing outdoor things and the weather is a lot better down here.

Relocation might be something that I consider when I retire though.

I have biking friend who go to the TT.
They wouldn’t recommend the Isle of Man (which I’ve heard you mention before) if you like the weather in the south.

That’s also one of my biggest issues with moving north.
I want to move somewhere warmer - maybe Malta or Portugal. Maybe even the phillipines but I’ll have to be divorced or widowed to do that.

chelseablue

On the weather app on my phone, I've added the place where we're thinking of moving too


Where I am now is 21 degrees and cloudy, up north is 19 degrees and sunny so not much in it.


As a southerner I'm hoping the weather isn't wildly different to what Im used to :rotfl:

ben501

chelseablue wrote: »

As a southerner I'm hoping the weather isn't wildly different to what Im used to :rotfl:

Depends where you're thinking of moving to. You mention the north west.
As a born & bred southerner who moved north years ago, my experience of the north west is WET.

I don't know how much of the north west has higher than average rainfall, but I often see a forecast of 'generally dry & sunny', only to look out of the window at rain.
Age could be clouding my memory, but I'm sure it wasn't like this further east (Yorkshire), and down south was much drier from what I remember.

lisyloo

chelseablue wrote: »

On the weather app on my phone, I've added the place where we're thinking of moving too


Where I am now is 21 degrees and cloudy, up north is 19 degrees and sunny so not much in it.


As a southerner I'm hoping the weather isn't wildly different to what Im used to :rotfl:

I live in 2 places which are 100 miles apart.
The temp difference is 2 degrees which mostly isn’t a big deal, but there’s a big difference in how wet it is 100 west.

There will also be places with their own micro climates.

Have you considered renting for 6-12 months so it’s easier to come back?

chelseablue

We've got friends that live near Preston so looking at areas surrounding there, Ribble Valley etc

I'm sure halving my mortgage would soften the blow against rain

I don't actually like it too hot, I always get a headache :rotfl:

lisyloo

chelseablue wrote: »

I'm sure halving my mortgage would soften the btlow against rain

As long as you’re happy with that permanently (people tell me weather plays a part in aches and pains at an older age).

Sometimes people leaving the uk say they’d always keep a base here to have a foothold in the property market as they fear not being able to get back into the property market.
I do know of someone who moved to Spain and now couldn’t come back.

So just be aware that moving from a more expensive market might be a one way transaction or at least one that’s more difficult to reverse in future.