Whether you’re looking to improve your lifestyle, expand your family or simply fancy a change of scenery, one of the trickiest decisions when buying a new home is deciding on the location. Since the location of properties can often be a deal-breaker for first home buyers, we are here to help you decide on the perfect place to hang your hat. From financial gains to commuting wins, here are the factors you should thoroughly consider when buying your first home:
Proximity to work
Long commutes to work can have an extremely negative effect on both your finances and quality of life. One of the main advantages of city living is that it never takes too long to get from one side of the city to the other. Living in the city also means that walking is often an option, which can save you a substantial amount of money as well as keep you healthy. Walking aside, the public transport links in cities are often excellent – let’s just not mention train delays!
If you thrive off cosmopolitan cities, why not check out Keepmoat’s recent development, The Pendleton One, in the vibrant city of Manchester.
Rural areas may be prettier but if you are looking to climb the career ladder you may find that there are less businesses and career opportunities. That being said, while many corporate offices and businesses are located in the heart of the city, the popularity of cities means that competition for jobs can be fierce, so both of these factors are certainly worth considering when deciding on the location of your first home.
Levels of noise
While living in a bustling city may have a massive range of perks, peace and quiet is not one of them. Since urban areas are filled with bars, nightclubs and restaurants, total silence is extremely rare in urban areas. If the quieter life appeals to you, why not look at one of Keepmoat’s recent developments in Bishop Auckland, which boasts a beautiful countryside setting.
Cost of living
While city life can save you thousands on transport costs, the costs of living are often substantially higher compared to small towns and villages. This is especially true in capital cities like London, where you can expect to get slightly less for your money (especially when it’s your round at the bar).
Proximity to schools
If you have a family or are considering having one in the near future, you will likely want to live within a reasonable proximity to good schools. Research has shown that schools within rural communities in the UK typically outperform their urban counterparts, so if you have a family, the city may not be best for you. Even if you don’t have a family, it is often worth checking out the schools in the area to ensure that you are maximising your investment, as properties within a good school district are often easier to sell.
While you can expect to pay slightly less for areas with a higher crime rate, safety should be a fundamental priority, so the crime rates of particular areas should be checked in great detail before buying your first property. You may also encounter difficulties if and when you decide to sell your house. Research shows that crime rates are typically higher in student populated areas, so this is worth considering when selecting the location for your house.
Whether you’re more suited to living in a city, town or a village, Keepmoat has the ideal home for you. Check out our varied range of properties at: www.keepmoat.com.
Do you love the thrill of city living? Or are you more suited to the simple life? Let us know your views in the comments below!
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