What you should not know about buying a school house in the UK

• 28 Sep 2022
• guest

_{Once a young couple starts having children, the next biggest challenge is the education of their children.}

_{The concept of "Mencius moved three times" and "choose your neighbor" is not only for Chinese people, but many British families also value the proximity to good school districts, good public and private schools, grammar schools, etc. when buying a home. For many people, buying a school district home is a significant expense, but it is a worthwhile investment compared to the future of their children. In addition, school district housing attracts buyers not only from families with children, but even if they don't have children, choosing to purchase a home near a good school is a very safe decision because there are a limited number of good school district homes with stable appreciation and low price fluctuations, and there is no worry about finding tenants or buyers whether they are used for renting or selling in the future.}

_{According to a previous survey by British Property Weekly on Chinese property purchases in the UK, in London, Chinese professionals who have just graduated tend to purchase property in the East End of London, which has convenient transportation, newer properties and relatively cheaper prices; once they get married and have children, their children's education becomes the primary consideration when purchasing a home. In addition to London's high quality school districts, London's suburbs and even peripheral key university cities such as Cambridge and Oxford have welcomed a large number of new Chinese immigrants. Similar to the situation in China, good school districts in the UK are located in good residential areas, which generally have low crime rates, complete facilities, and fewer non-Western European immigrants. As a result, the prices of good school districts in the UK are also relatively high and will continue to rise in the future.}

_{For parents, although good schools and school districts are the primary consideration when purchasing a home, other factors such as living environment, community atmosphere, transportation conditions, commuting time, etc. should not be ignored. After all, after a busy day at work, every parent wants to get back home as soon as possible to be with their children and enjoy their family. Today, I have selected some of the best school districts and quality projects in London for parents or parents-to-be who are worried about choosing a school district.}

_Pictures

_{Recently, The Times released the data of the top 100 A-level results list of public and private schools across the UK in 2018.}

_{▲Top 100 UK-wide school results for A-level exams in 2018 (click to enlarge view)}

_{What is the price situation in each region?}

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_{Central Districts}

_{The central area of London covers these boroughs: City Financial, Westminster, Hammersmith&Fulham, Kensingston&Chelsea, Hackney, Southwark, and Islington. Islington. Firstly, it is easy to see that London's top secondary schools are concentrated in central areas. Many of the most prestigious high schools in London, such as Westminster Public School, St. Paul's Private School for Girls, St. Paul's Private School for Boys, City of London Private School for Girls, City of London Private School for Boys, Queen's College London, etc., are located in these areas.}

_{The central area is expensive, and the high prices are a deterrent to many investors. If you want to buy a house in the central area, you need to have enough investment budget.}

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_{South West}

_{South West London covers the following boroughs: Richmond upon Thamestone (Richmond), Kingston (Kingston), Wimbledon (Wimbledon), Merton, Wandsworth and Sutton. South West London is a traditionally affluent area of London and this traditionally affluent area has always attracted celebrities, artists and wealthy people to buy properties. People living in South West London are basically around 30 or 40 years old, mature, with stable, decent career and income, and families with children. Also, there are many quality secondary schools in the area. In Richmond, a district recognized for excellence in London and the UK, there are some of the best public and private schools recognized within the UK, such as Hampton Private School for Boys, which is on this list.}

_{In Kingston, a historic Royal London borough, there are 34 state primary and secondary schools, 24 of which are rated by Ofsted as outstanding and nine of which are in the top 10% of the UK's outstanding schools. As the list shows, The Tiffin School is in the top 100 secondary schools in the UK for both boys and girls, with an Oxbridge progression rate of around 25% each year.}

_{The South West has a high standard of education, but the price is also proportional to it, so if you have enough budget then you may want to choose the South West.}

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_{North West}

_{The North West of London covers the following boroughs: Harrow, Barnet, Enfield, Haringey, Camden and so on. Among them, Harrow and Barnet are recognized as the best school districts in London. Harrow has always been famous for its quality educational resources, represented by the world-famous Harrow Public School, but there is much more than just one good school here: there are dozens of schools rated either "Outstanding" or "Good" by Ofsted, a quasi-official body under the UK Department for Education. There are dozens of primary and secondary schools rated either "Outstanding" or "Good" by Ofsted, the quasi-official body of the UK Department for Education, and it is worth noting that as many as 19 of these schools have received the highest rating of "Outstanding". Barnet has a total of 117 schools. The majority of schools in the area are rated as excellent or good in the DfE assessment report.}

_{The North West is the "king of value for money", mainly because there are a number of high quality private schools in North West London, so although the price is lower compared to the other two districts, the standard of teaching is no less.}

_Photos

_{The results of the analysis of the three regions.}

_{Central District.}

_{The most expensive in terms of house prices, but also a large concentration of top secondary schools. To make a property investment in the central area, you must consider the high housing prices in the central area and act according to your means.}

_{South West.}

_{Southwest London is a traditionally affluent area, but prices are not affordable compared to the London average, and high-end properties are not uncommon in this area; Richmond and Kingston are home to many high quality secondary schools, but these areas are traditionally affluent and prices are not affordable; Kingston is a slightly less expensive area, and the planned Elizabeth City Link will provide access to the city. Kingston is a slightly less expensive area, and the planned Elizabeth City through line will shorten access to central London to 20 minutes, making it the most promising borough for investment in the traditionally affluent area of southwest London.}

_{North West.}

_{Compared with the central and southwest boroughs, the northwest borough's house prices appear to be quite grounded. Northwest London has convenient transportation, vast green areas, perfect infrastructure and nearly 10,000 new properties and excellent educational resources, so many professional investors are also extremely favored, so the rise range is very large, which is a very good investment area.}

_Q

_{What are school district properties?}

_{School district properties are properties located around prestigious schools. According to the regulations of "schooling in the vicinity", in the compulsory education stage, all school-age children in the district can attend school for free according to the principle of ranking children with disabilities, having siblings in the same school and the principle of straight-line distance to the school.}

_{The advantages of the school district are the proximity to the school, convenient transportation, perfect support, and the potential for value appreciation of the school district property. Not only can a good school district property meet the basic requirements of value preservation and appreciation, but a property in a key school district usually means that the overall quality of the surrounding residents and the human environment is high, which also means that there is a great market demand for the property when it is sold in the future.}

_{Not only does a school district in an outstanding public school (Outstanding) resist the cyclical fluctuations of the property market, but it also saves the owner the high cost of tuition for their children to attend a private school of the same quality, and the savings can be used to provide their children with more enriching extracurricular tutoring and social experience. The more outstanding the school, the more competitive the application process, which means that the school district will be small and will likely shrink each year.}

_{Because of this, parents who want to ensure that their children apply to a major school need to purchase a property as close to the target school as possible. The closer the property is to the key school, the more obvious the advantages of the school district and the stronger the value retention performance will be. As more and more parents become eager to buy school district properties, the price of a good school district property is a certain percentage above the average home price in the surrounding area.}

_Pictures

_{Here are the average house prices in 2020 for the top school districts and the most expensive streets in the UK (data from Zoopla)}

_Image

_{The ranking of the most expensive streets in the UK, where the top 10 are all from London, 7 of which are in West London.}

_Q

_{How do I search for a school district?}

_{The UK is a very sophisticated and mature country in terms of data sharing and statistics from government to commercial organizations. It is relatively transparent and easy to search for local key schools and school districts around schools in the UK.}

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_{The first step}

_{Take Bromley as an example, first enter the official government website of Bromley Council, click Education and Learning (Education and Learning) in the options on the left side of the page, and enter the next page.}

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_{Step 2}

_{Once you have entered the second page, select schools and colleges from the options on the left hand side, click on it and go through the details of the different age groups.}

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_{Step 3}

_{On this page, you can see the options for different age groups, private, public and special schools, etc. Let's take Primary School as an example.}

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_{Step 4}

_{On this page, you will see all the primary schools in the area. Take the first Alexandra Infants School as an example, click on the school name to go to the next page to get all the details of the school.}

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_{Step 5}

_{This page shows links to the school's name, address, age group, school website, school contact details and Ofsted information.}

_Images

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_{Step 6}

_{By clicking on the Ofsted link in the school information section, you will be taken to the official Ofsted page. On this page, the school's rating is displayed very visually, with the highest rating being Outstanding.}

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_{Step 7}

_{You can also go directly to the school's own official website from the school information section. Parents who need to know more details about the school's enrollment in recent years may want to do a little more research inside the official website. Or you can call the school office directly to inquire. It is recommended that parents visit the school in person when choosing a school. Generally, schools have open days, so it is important to take your child around the campus in advance to get a feel for the local atmosphere. It is also important to take your child around the campus in advance to get a feel for the local atmosphere. Remember to "shop around" when choosing a school. If you go through these steps, you will be more confident in your choice of school.}

_{Useful Websites}

_{You can find out about schools in your neighborhood and properties for sale by simply entering your address.}

_{https://www.goodschoolsguide.co.uk}

_{https://www.locrating.com/}

_Q

_{What are the ways to benefit from home for school?}

_{The main purpose of home ownership is to reduce the cost of tuition and living accommodations for your children by using the proceeds of your investment in real estate as much as possible. The total income from the investment is subtracted from the total expenses of the child during the study period.}

_{Generally speaking, the return on the property is divided into two parts: the first part: appreciation, the price at which the property was bought and the price at which it will be sold after a few years of evaluation. The second part is the rental income, which is the total rent earned during the years after the purchase of the property.}

_{There are two main ways to raise a child with a house, fully rented and half-rented and half-occupied: both ways depend on whether the child needs to live in the house or not.}

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_Full-rental

_{This form is more suitable for children who are studying at university in the UK and the recommended property cycle is 2, 3, or 5 years. Below is a list of important points for the reader:}

_{- It is advisable to invest in new properties, not all properties are suitable for housing for education. For example, the maintenance costs of a second home are usually higher than those of a new home. One of the most important factors in financing a home is the maintenance costs; it is difficult to assess the various maintenance costs that will be incurred after investing in the property before purchasing it. Therefore, a new home can reduce uncontrollable risks.}

_{- Location. If you choose the location of your investment is very important, it is directly related to the rental income and return on investment. It is recommended to buy a geographic location with good value preservation and appreciation space.}

_{- It is not recommended to choose a property that is too expensive. Generally speaking, the higher the house price, the lower the rental return. It is recommended that the house price is around £500,000 for a property. Taking a 5-year cycle as an example, the total average return in London is about 15%, including the appreciation of land and rental income, provided that the right method is chosen.}

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_{House for school - half rental and half owner-occupied}

_{This is a form of property that can be purchased for both rental and owner-occupation with a return.}

_{This form is more suitable for children who are studying in secondary or elementary school in the UK, and the recommendation is to choose a house near your child's school district, unlike the first all-rental method.}

_{All in all, the United Kingdom as one of the oldest developed countries, has a very long history and strong national culture and art, in the United Kingdom less than 250,000 square kilometers of land area gathered Oxford, Cambridge, Imperial College, University College London, Duncan Political Economy and other top institutions in the world, first-class education, its 800 years of education history makes the education itself to become the most profound historical and cultural heritage of the United Kingdom The 800-year history of education makes education itself the most brilliant part of Britain's deep historical and cultural heritage. Whether you choose to study or make a property investment in the UK is a very good choice.}

_{The above content is for reference only}

_{Want to know more about the program? Want to know more?}

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_{Thamesestone Homes is the investment arm of a large UK student accommodation}

_{Thamesestone is the investment arm of a large UK student accommodation and property management company.}

_{The team consists of investment experts who have been working in the overseas real estate market for many years}

_{dedicated to providing Chinese high net worth clients with a safe, stable}

_{We are committed to providing Chinese HNW clients with secure, stable and comprehensive overseas asset allocation services.}

_{We specialize in UK school property investments and only recommend properties in areas that are easy to rent or sell.}

_{After the transaction is completed, the property can be handed over to our professional team for charter management}

_{We can provide you with a stable return on your investment.}

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_{From purchase, escrow to sale, you will have no worries.}