What’s Going to Happen to House Prices in the UK?

What’s Going to Happen to House Prices in the UK?

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In the coming years, the UK housing market will likely change dramatically. This is primarily due to various factors, such as Brexit and changing demographics. With that being said, it’s difficult to predict what will happen with British housing prices in the next few years. We have seen a sharp rise in properties being bought by international investors and funds in the last few years, meaning that the future of housing prices could be very different from what they are now. Here is everything you need to know about what will happen to house prices in the UK.

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Opinion · Parenting · Personal · Rant

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Like so many people in their late twenties and early thirties, Husband and I rent our house, we’re not in a position to buy and social housing is nothing short of a joke, so we pay through the nose to live in someone else’s house.

Our lease is up in April and while we’re happy with our current location, we seem to be outgrowing our little bungalow and so looked into our options for moving. First, we looked in our local area; prices seem to have gone up a lot in the two years since we moved here – no great surprise seeing as no-one can afford to buy – it’s well and truly a landlords market at the moment.

The reason we live where we do is mainly because we’re in the catchment area of a really good school, so in terms of moving it only makes sense to stay within a catchment of an equally good or better school. This is where we’ve come a-cropper. The only school in the area which has better results than our local school is a mile or so up the road and the cheapest rental property within that catchment is £300 more per month than we pay to live here.

Our local school is something of an anomaly, it’s smack-bang in the middle of a council estate, and most of the private houses locally are modest homes, but the school had the advantage of an amazing headteacher, who sadly retired last year but did an incredible amount of work within the school and community. This means it’s one of those rare schools that’s able to offer great results to people from middle to lower socioeconomic groups, equally.

So, this leaves the options of either staying where we are, or moving out of town or even out of county. Husband and I have had wander-lust for some time, even considering Canada or Australia and would dearly love to give Sausage a better life away from the grind of living in a large town. But then, there are other things to weigh up. Yes, she could potentially attend a school with far fewer pupils, live in a rural setting and in a place with a lower crime rate, but does all of this weigh up against not seeing our extended family, not knowing anybody or anything about the new town, or just the general upheaval of starting again?

I’d love to hear from anybody who’s made a big move, whether you think it was a wholly positive thing to do and whether your kids have got over the huge change. Also, do you find this kind of class division in terms of education in your local area?

Answers on a postcard…just don’t ask me which town to send them to!