London is undoubtedly an exciting, frustrating, complicated place to live. For the millennial generation it potentially represents both a sea of opportunities; in career, love and fun; and a bottomless ocean of debt and despair. It really can go either way, thrilling and infuriating in equal measure. We use all this hyperbole by way of a warning; relocating to a new home is a major life decision that deserves your full attention, and is not something which should be taken lightly.
Before you even think about looking at potential places to live in the capital, you must first consider the essentials. There are a whole host of crucial elements that should help you make an informed decision and with that in mind, here are 5 IDEAL considerations before relocating to London.
One of the most common reasons for choosing London over other destination revolves around the job market. Many move to the capital with dreams of lunch-break pints in a suit in the city, or having their own Cambodian food stall in Borough Market. But, thorough research into the plausibility of this goals is first required, or there’s a danger it’s going to pan out all very different.
As one of the most important cities in the world of business, there’s no shortage of well-paid positions for those with education, experience and confidence. Competition for the best roles is particularly fierce, and even a degree offers little guarantees with that je ne sais quoi which helps you stand out in a crowded field. Still, services like Alexander Daniels recruitment agency can point you in the direction of the right positions, so fear not, there is always help out there if you need it. Once feet are firmly fixed on the first rung of the career ladder, climbing it in London is very possible, and the earning potential is huge.
A great job is nothing without a good work-life balance, and London is a city that offers excitement at every turn. This can be both the great city’s biggest perk and its problem. Aside from an array of wonderful restaurants and pubs, the city culture provides music, art, and comedy. Meanwhile, sporting events take place on an almost daily basis. London doesn’t come cheap though, so if entertainment and nightlife are the biggest draw for you, consider cities with less astronomical pricing.
The city offers a plethora of landmarks, Royal Parks, and iconic walking routes which, thankfully, don’t require a CEO position to make the most of. Essentially, getting bored in London simply isn’t an option. Being broke, however, is.
If you can get on the ladder, London is a brilliant place to own a property. Unfortunately, that is a very big ‘if’, as the ladder is lubricated with slippery landlords and obstructive legislation, making it nigh on impossible to actually get a grip. For many people moving to the city, rentals and house shares are the only viable option. While this does have its downsides, it does at least give you a chance to test the waters before making a serious commitment.
When it does come to buying, there are two main options. If you are desperate to boast a London postcode, heading to the northern, southern, and eastern outskirts is best. Alternatively, Essex has plenty of great towns that are within a 45-minute train ride away. To the south-west, places like Guildford and Woking offer more affordable housing with great access to the city.
The modern way of living dicates that relocating to a new city is often seen as a temporary measure. In a globalised, interconnected world, long term commitments seem less binding than for previous generations. In truth, the parts of London that appeal to the younger, more carefree people will differ from those best suitable for families.
Also taking into account the fast pace at which areas of London are changing, morphing and reacting, and what seems like the ideal place to settle now, may be a completely different proposition in 5 year’s time. Circumstances change, and once firmly installed, there’s every chance that you will, eventually, need to move back out of the city. Thankfully, being a property owner in the city will give you a lot of equity when that time eventually comes. As a long-term safety net, it doesn’t come much better.