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Find your local brokerIt really is all about location when buying a property. The right location can make all the difference to not just your fortunes when selling up in the future, but your experience right now. There are so many great places to live in the UK, but how do you sort the wheat from the chaff to find the right location for YOU?
Read on to discover the dos and don’ts that should be at the forefront of your property search and your hunt for the perfect location.
A property in the right location has the power to enrich your way of life like never before, and who doesn’t want to do that? Your proximity to work, schools and amenities like shops, restaurants and parks can have a big impact on your quality of life. By considering your lifestyle needs now and what they could look like in decades to come, you can truly invest in the forever home you’re seeking or at least a fun stop-off!
The best way to truly evaluate whether a certain location meets your lifestyle needs and has the community you’ve been searching for is to spend time there. Visit local shops, cafés and community centres; participate in local groups and events; and talk to residents directly to get a feel for the area.
For property purchasers who have children, or see them in their future, there are yet more (little) people to consider during your search for the ideal location. Homes in great school catchment areas are hot property, and for good reason as Beech Grove Homes details:
“Living within the catchment area of highly regarded schools can provide your children with access to quality education and a supportive learning environment. The location of your house often determines the school options available to you, making it important to research and consider the reputation of local schools before making a purchase.”
With everything from local schools and after school facilities to playgrounds, libraries and even cafés playing vital roles in your child’s life, and yours as a parent, there’s a lot to look out for.
Your shortlisted locations should not only make life more enjoyable and enriching but easier. Day-to-day activities like that dreaded commute to work and shopping for food all need to be considered.
Easy access to public transport and major roadways is just one factor that’ll significantly impact daily convenience as well as a property’s potential and future value. Your location should offer the connectivity you crave, whether you’re travelling for work, leisure or the necessities.
Crime rates and safety stats make for essential reading for any resident or would-be home buyer. Resources like Police.uk provide all you need to know, including detailed crime maps and the latest data, to ensure ultimate peace of mind for you and your family long after you’ve moved into your dream property.
If you’re going to buy in an area that is soon to be the subject of huge development, you’re going to want to know about it! Up and coming areas are however one thing, building sites are another…
Finding a property search area that strikes a balance between exciting infrastructure projects (such as new schools, parks and shopping centres) and imposing additions is the key to investing in a location with positive growth prospects. Thankfully, news on upcoming developments isn’t difficult to find. Simply head to local council and planning department websites for insights.
While your immediate needs are important, you also have to consider the long-term value of the property and its wider location. Areas with good schools, low crime rates and excellent amenities typically see better property value appreciation. Even if you plan to stay for the long haul, you should always buy a property in a location with plenty of potential both now and into the future.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. A typical fee is £295. Ask for a personalised illustration. The Mortgage Bureau is a trading name of A.M. Mortgages (UK) Ltd. Authorised and regulated by the Financial Conduct Authority. The Financial Conduct Authority does not regulate some aspects of Buy to Let mortgages.