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May 6, 2008

City dwellers heading for the countryside

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by Kay Murchie

City dwellers heading for the countryside

A study by Yorkshire Bank has revealed that 72% of people are seeking to leave city life and head for the countryside.

59% said the main reason for leaving the city was for better health, while 32% cited better schools as a good reason to leave the city.

Gary Lumby, Yorkshire Bank head of retail, said potential buyers are savvier than ever and are really doing their homework when it comes to finding the perfect location to buy.

Mr Lumby added in comparison to the recent trend of buying, improving and moving on, many buyers are concentrating on finding a home where they can settle long-term, and build a future for themselves and their family.

The poll shows while 27% of those questioned say the city’s hustle and bustle is too strong to keep them away, the slower pace of life is too much of a temptation.

62% of those in their twenties said city living isn’t vital to career progression, while a further 48% aspire to owning both a city crash pad and a country retreat with a view to enjoying the best of both worlds, concluded Mr Lumby.


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