And what are you willing to go to give good education to your child?

Britain is famous for its schools and universities that allow people from all over the world to obtain an excellent education. And for British parents is so important to give their children a good education, they are not only ready to relocate to be closer to a good school, but to pay more for housing located near the school.

Approximately 20% of Britons change jobs in order for their children to study in a prestigious school, 24% buy or lease housing near selected schools, while 44% said they would like to return to the old place after their child graduates.

To move closer to a good school, a British family on average willing to pay 12% more money for a new house that, in accordance with the new price is in pounds approximately £26800 .

Those families who have no money to pay for housing near the school, sacrificing size, moving to a house or a smaller apartment. Every fifth family went to the reduction of the area for school, and every fourth family admitted that he had paid for housing near the school more than you can afford, and now is experiencing financial difficulties. About as many families have moved from familiar places, away from their family and friends.

Different people solve their financial issues, moving to a new location. Half of the parents have sold the old house to buy new in the selected district, one-third bought a second house or apartment near the school, while 19% moved to a new place of residence and their previous housing was rented out.

It seems that the trend to move to the area to give children a good education increases. Competition for housing near schools that are located in the tops of very violent and sometimes on a housing unit claims a few dozen potential customers.

Basic life orientation and values of the British affect the value of property in the UK. Especially noticeable competition for places near good schools in London and cities with universities, where the price of an apartment or home near prestigious schools can be twice as expensive than the city average.

® Helen Entree. 24.08.2017 G.

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