Trying give the first shout to someone on here, we are moving house within the next couple of weeks.
If someone of here wants to quote for the job drop me a pm.
Shootershill to just this side of Leysdown, we've had a couple of quotes but wanted to offer it on here before we accept one of them.
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My company now advocates working from home and I could get away with 2 (maybe 3 some weeks) days a week in the City, some weeks less. We've been doing a bit of research and have found (and viewed) an amazing property in Herne Bay last weekend, it's amazing how much more you get for your money.
so lifers.....anyone got any experience of the area good/bad ?.....there's always some fantastic knowledge and advice on here.
As Leroy says you need to weigh up the likely hood of WFH continuing and also the additional travel time.
From above think you are around 45, so say you have 20 years left at work, in todays money the additional travel costs could be as much as £150k, which I refer to as dead money. Are you saving more than £150k on the property move?
You'll also likely see less capital gain on the house so the likelihood of ever moving back (if you wanted to) is unlikely.
Personally i'd only move out once I stopped working in the city. We did look about ten years ago moving down into Kent, in that time my house in London has more than doubled, where we were looking (whitstable) hasn't increased 50% of that so the gap has widened and I haven't spent £75k more on travel.
1. Is it to get a bigger house that you could otherwise not afford in/around Welling?
2. Is it to cash in some of the London property price value?
3. Is it for quality of life? (although the extra travel times would eat into that some what).
You might want to consider some other areas that a) are less of a commute but are b) of a similar price to Herne Bay.
Also where in London is your office? There is the fast train that is 1hr 20 to St Pancras from Herne Bay.
What about somewhere like Rochester? Probably slightly more expensive, but under 40 minutes on the fast train and no doubt a reasonable saving on travel cost.
Put together a spreadhsheet on the various costs of travel v housing. Personally i'd be looking to keep the travel costs to the minimum you can, better to invest that into a property than pay South Eastern/throw it away.
For instance if the price differential is £5k between welling and herne bay, £5k is roughly an extra £100k mortgage over 20 years. I'd rather spend that £100k on a property than on travelling.
Thats it then. Let us know how you like living in Herne Bay.
My favourite of the towns in East Kent is Faversham. Both Rochester and Faversham though are limited on housing stock, if you need to be near the station. They're both more expensive than Herne Bay but would have thought compared to Welling a bit cheaper for comparable houses.
My parents were in this exact position about 6 years ago, looking to sell a house in Eltham for around £450k at the time and move to a bigger house in Herne Bay for £300k. The house was beautiful, Victorian, set over 3 floors etc.
Things didn’t work out in the end and they decided to stay in Eltham and eventually sold their house less than 3 years later for £585k when houses in the same road in Herne Bay were barely more expensive than they were when they looked previously.
If they had moved then they would never have been able to come back to Eltham and that has what has always concerned me about moving out to Kent to be honest
Still love it here, sadly the second youngest in the road now after a couple in their mid 50s moved in. Fortunately they don't play loud music or start shagging at 6am.
As you know there isn't much in coastal east Sussex and what there is is low paid.
One of the saddest things we found were the number of people who had retired to the coast only for one the couple to die leaving the other alone and a long way from family.
The reason to stay was largely due to kids, their friends and most importantly their schooling. Might review this in 5 or 6 years
If the seaside is not imperative then consider parts of Medway/Tonbridge & Malling for value for money whilst maintaining a good standard of living.
As Rob Lee pointed out, the travel costs weren't great. For me, it was more the strain it had on my life. 4 hours of my day on a train, and very little leisure time in the evenings. I appreciate your situation is very different and it may only be a few days and you're at a different stage of your live, but that journey is a killer mate if you have to do it regularly, so it may be something to consider as Leroy points out re: changing jobs.
If you can get employment down there that suits your income/lifestyle then that would be ideal, but for me I think the biggest business employer in the area is Saga, and then jobs are mainly trade, retail, tourism (Apr - Oct at a push). I have no skills in trade, and couldn't see myself in the public sector or retail. I think these are all things to consider.
Herne Bay is very nice and I liked Broadstairs.
If you really want to do it, go for it, but I would say once you are there, you are probably there for a long old time.
I'd love to move towards the coast, Faversham, Folkestone plenty of places that float my boat down that way and Canterbury as well is very nice and has some spot on areas but it's that old bind of wanting a quality of life yet needing to still do a job to pay the bills and for the fun stuff through even a basic commute would rip that quality of life apart every morning and evening. The irony is I now do a role that could easily be done remotely and my employer pushes agile and flexible working yet the idea a man who has a very good output and knowledge has to commute to a set place to be surrounded by dickheads mithering him every ten minutes asking him how to do something he's shown them upwards of 20 times.
I'm digressing, do it mate. Kent is wonderful to live and honestly I'm not one who bashes london and its boroughs however it has become just a pain in the arse place to get around and do anything in more than anything else
Presently where I live it ain’t quite countryside but it’s quiet and plenty of greenery, it does for us.