{"id":20838,"date":"2018-09-05T12:15:28","date_gmt":"2018-09-05T11:15:28","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=20838"},"modified":"2018-09-05T12:15:28","modified_gmt":"2018-09-05T11:15:28","slug":"living-by-water-is-now-top-aspiration-for-younger-homebuyers","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-au\/news\/living-by-water-is-now-top-aspiration-for-younger-homebuyers\/","title":{"rendered":"Living by water is now top aspiration for younger homebuyers"},"content":{"rendered":"

Properties in waterside locations have seen a popularity boost across the UK, driven by younger generations looking to reap the health and happiness benefits of a home by the water.<\/strong><\/p>\n

As many as a quarter (26%) of UK adults aged 35 and under are actively looking for a home<\/a> near the water within the next five years, according to a recent survey by Strutt & Parker, with this figure increasing to 36% for 35-39-year-olds.<\/p>\n

The research negates the preconception that living by water – whether that be by the sea, a river, a canal or in a docklands area – is more of a preference for older people<\/a>, as only 12% of those aged over 45 said they were actively looking to move to a waterfront location in the next five years.<\/p>\n

Cleaner air and healthier lifestyles<\/h4>\n

While living by the sea might be restrictive in terms of job options<\/a> for those still of working age and in employment, the increase in flexible working across the UK in recent years has enabled more people to live in their dream location<\/a>, with 49% of employed adults who already live in waterside properties working from home.<\/p>\n

Almost a fifth (18%) of respondents of all ages said they would be seeking<\/a> a home by the water in the next five years, which is an increase from 12% in 2017 and shows how the trend is growing. One reason for this could be for health reasons, as Vanessa Hale, director of research at Strutt & Parker, pointed out.<\/p>\n

“As concern over air pollution<\/a> grows, better air quality has overtaken ‘views’ to become the second top driving factor. It was interesting to note that 41% of adults aged over 45 wanted to live near to water for their mental wellbeing, against 27% of under-45s.”<\/p>\n

A ‘blue mind’<\/h4>\n

Hale added: “The links between living by the water and benefits to mental health have long been documented. Marine biologist J. Nichols recently launched some ground-breaking research on proximity to water and well-being, coining the phenomena of stress-relief as having a ‘blue mind’.<\/p>\n

“Our survey reflected the desire many people have to own a property<\/a> with fantastic water views \u2013 a huge 79% of adults who live near water, or would like to in the future, would be looking to invest in property with outstanding views over water. 55% would pay 10-25% more for this benefit.”<\/p><\/blockquote>\n

You don’t have to invest in an ocean-front property to reap the benefits of proximity to water. Many of the UK’s major cities<\/a> incorporate vast amounts of waterside living, from Liverpool<\/a>‘s River Mersey to the waterfront Salford Quays area of Manchester, which have the added benefit of having strong jobs markets right on the doorstep.<\/p>\n","protected":false},"excerpt":{"rendered":"

Properties in waterside locations have seen a popularity boost across the UK, driven by younger generations looking to reap the health and happiness benefits of a home by the water. As many as a quarter (26%) of UK adults aged 35 and under are actively looking for a home near the water within the next… Read more »<\/a><\/p>\n","protected":false},"author":1069,"featured_media":20846,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4,6],"tags":[341],"class_list":["post-20838","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-uk-housing-market","tag-newsletter"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/20838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/comments?post=20838"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/20838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media\/20846"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media?parent=20838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/categories?post=20838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/tags?post=20838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}