Real Estate in Lake District, England
Last updated on Mar 07, 2024
Summary: Expats and retirees talk about real estate in Lake District, UK? How do you find a home in Lake District? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Lake District?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"To find a place to live in the Lake District, you can start by researching the different towns and villages within the region to determine which area best suits your needs and preferences. Some popular towns in the Lake District include Keswick, Ambleside, and Windermere. Once you have chosen a specific area, you can begin searching for available properties using online property search websites such as Rightmove, Zoopla, or OnTheMarket. These websites allow you to filter your search based on property type, price range, and other preferences. Additionally, you can contact local estate agents in the Lake District who can provide you with more information about available properties and help you arrange viewings. Some well-known estate agents in the area include Matthews Benjamin, Hackney & Leigh, and Poole Townsend. It's also a good idea to join local community groups on social media platforms like Facebook, where you can ask for recommendations and advice from residents who are familiar with the area. Finally, consider visiting the Lake District to explore the different towns and villages in person. This will give you a better understanding of the local atmosphere and help you make a more informed decision about where to live," explained one person living in Lake District, England.
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What is a typical expat home or apartment like in Lake District?
"A typical expat home or apartment in the Lake District, is likely to be a charming, traditional stone-built cottage or a modern apartment with picturesque views of the surrounding countryside and lakes. These homes often feature cozy living spaces with fireplaces, well-equipped kitchens, and comfortable bedrooms. Many expat homes in the Lake District also have outdoor spaces, such as gardens or patios, where residents can enjoy the stunning natural beauty of the area. Additionally, these homes are usually located in quaint villages or towns, offering easy access to local amenities, such as shops, pubs, and restaurants, as well as opportunities for outdoor activities like hiking, cycling, and boating," explained one expat living in Lake District, England.
What is the average cost of housing in Lake District?
If you are thinking about moving to Lake District, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in the Lake District, can vary greatly depending on the location and type of property. However, it is generally more expensive than other areas in the UK due to its popularity as a tourist destination and the limited availability of properties. On average, you can expect to pay around £250,000 for a terraced house, while detached homes can cost upwards of £400,000. For rental properties, the average monthly rent ranges from £600 to £1,200, depending on the size and location of the property," remarked one member in Lake District.
Should I buy or rent a home in Lake District?
If you have not spent a lot of time in Lake District, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in the Lake District, depends on your personal circumstances, financial situation, and long-term plans. If you are planning to stay in the area for an extended period and have the financial means to purchase a property, buying a home could be a good investment. Owning a home in the Lake District can provide stability, the opportunity to build equity, and the freedom to make changes to the property as you wish. On the other hand, if you are unsure about your long-term plans or prefer the flexibility to move easily, renting a home may be a better option. Renting allows you to avoid the financial commitment and responsibilities associated with homeownership, such as maintenance costs and property taxes. Additionally, renting can provide the opportunity to live in different areas of the Lake District and experience various communities before deciding on a permanent location. Ultimately, the choice between buying and renting a home in the Lake District depends on your individual needs and preferences. It is essential to carefully consider your financial situation, lifestyle, and future plans before making a decision," said one expat who made the move to Lake District.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Other Questions:
- What do I need to know before moving to Lake District?
- What is a typical expat home or apartment like in Lake District?
- What is the average cost of housing in Lake District?
- How do I meet people in Lake District?
- What do I need to know before retiring in Lake District?
- What should I pack when moving to Lake District?
- Where should I setup a bank account in Lake District?
- Will I be able to find a job in Lake District?
- What is life like as an expat in your area?
- What do people like (and dislike) about Lake District?
- What type of social life can someone expect in Lake District?
- What is the social scene like in Lake District?
- What advice to expats in Lake District have about housing?
- What are medical services in Lake District like?
- Are healthcare and health insurance expensive in Lake District?
- Is the cost of living in Lake District high?
- What are the visa & residency requirements in Lake District?
- Why do people move to Lake District?