The Buying Solution, Specialist Property Buying Agents MENU

TBS in The Financial Times – Parents pay huge premiums for homes near top UK state schools

Arrow Down
Knight Frank
London and Country specialist property buying agents
29 Aug 2018  |   Jonathan Bramwell

Santander releases new research on the premiums associated with school catchment areas – Jonathan Bramwell talks to the Financial Times

Recent, powerful research from Santander Mortgages highlights that three in 10 families move to ensure they live in a preferred catchment zone and not only that, the premiums paid for a home can be hefty.

In London the catchment premium is the highest at £70,675 followed by the South East at £40,294. Prices fluctuate even further in specific districts – in Tunbridge Wells for example families can pay 196% more compared with the average property price due to the quality of state schools.

Cheltenham too is a magnet for London families looking for a more rural way of life and good state schools – Balcarras, an outstanding secondary in the town centre has had a real impact on local property prices.

To read more please click here; https://www.ft.com/content/19b372d0-aaab-11e8-94bd-cba20d67390c

Share this article
 LinkedIn    Twitter
Back to Blog

Search

Categories

To the top