Move or Stay Put? The Financial Implications
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‘Stay or relocate?’ is a familiar dilemma faced by London families every year. There are many reasons why homeowners ask this question, from needing more space, wanting a more rural education for their children, or simply a different pace of life.
Brewin Dolphin's experts modelled three scenarios, giving a financial insight into how property and location choices made now might look in ten years time:
1. Sell up the London home and invest the money into a larger rural property.
2. Sell up and use some of the money to buy a home out of London, freeing up a lump sum.
3. Staying in London.
If you are considering moving out of the city this Finance Parent Forum will guide you through the options and answer key questions.