London, England
Should I buy or rent a home in London?
If you have not spent a lot of time in London, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in London can be a great investment, as property prices in the city are generally high and have been steadily increasing over the years. However, it is important to consider the cost of buying a home in London, as it can be expensive. Additionally, you should consider the cost of upkeep and maintenance of a home, as well as the potential for capital gains. On the other hand, renting a home in London can be a more affordable option, as it does not require a large upfront investment. Furthermore, renting can provide more flexibility, as you can move to a different property more easily than if you were to buy. Ultimately, the decision to buy or rent a home in London will depend on your individual circumstances and preferences," explained one expat living in London, England.
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Traveling MailboxTraveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
- What should I pack when moving to London?
- Where should I setup a bank account in London?
- Will I be able to find a job in London?
- What is life like in London?
- What do expats in London appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in London?
- Is there a lot of diversity? Are people in London accepting of differences?
- What are the schools in London like?
- What are healthcare services like in London?
- What are medical services in London like?
- Are healthcare and health insurance expensive in London?
- What are emergency services like in London?
- Will I need to travel to see a specialist?
- Are common prescription medications available in London?
- How are local medical facilities in London?
- As a foreigner living in London, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Should I buy or rent a home in London?
If you live in London, newcomers to London would love to hear your answer to this question.
