Not only will the couple be significantly upgrading their living space from a one-bedroom apartment to a three-bedroom detached house, their new mortgage contribution will be around £200 cheaper than their city centre rent and parking per month.
Many young people across the country are trading city living for suburbia in a bid to save money, with Rightmove reporting 54% of renters in Manchester City Centre are considering moving further out of the city to save money.
With rising rental prices - up 14% annually in Manchester City Centre specifically - renters are being priced out and forced to consider rural locations.
James, a doctor, commented: “Although there’s the deposit to consider, once we compared our monthly costs of renting and parking in Manchester to moving to Rivers Edge in Warrington, we were surprised to find we would be significantly better off moving out of the city.”
“At first, we were nervous to move away from all the city centre has to offer, but we’re within easy reach of Manchester and Liverpool being situated between both cities - with the added convenience of also living close to Warrington town centre and Stockton Heath.”
Of city centre dwellers, two thirds would reportedly consider moving to the countrysidegreenery-28946601 to improve their wellbeing. Having demanding jobs, Alex and James are looking forward to making the most of the green spaces Warrington has to offer.
Alex, a police officer, added: “At Rivers Edge, we’re going to be able to enjoy the best parts of city life with the added benefit of greater living space and the freedom to explore nearby parks and nature trails. Even better, we’ll be spending less per month but investing in our own asset, and ultimately our future together.”
Find out more about our new homes at Rivers Edge.
References to “we”, “us” or “our” are to the part of the Vistry Group (including Linden Homes, Bovis Homes, Countryside Homes, Drew Smith, Vistry Ventures or one of Vistry’s joint venture companies) from which you are intending to purchase a new home. References to "you” and “your” are to the prospective buyer or buyers of a new home from us.
All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale. Please check with our sales consultants for details of the exact specifications available at the development(s) for each type of home and the associated prices.