Currently live 10 mins from where I grew up and my parents’ house, who we are very close with and see a couple of times a week. Renting but house prices are fast on the rise here. Convenient place for us to be, suits DH’s work and is ideal for me.
We’ve seen a new housing development that are trialling the first homes scheme. You buy the freehold and own the whole property but it’s 30% cheaper than market value to give first time buyers a chance to buy the size home they need. When you come to sell you must also sell to a first time buyer. I have tried to read up online about this but can’t find much else out, though we know they’re few and far between
This development is 17 miles away from where we are now (30-35 minute drive). The area is nice as DH has work colleagues who live there and vouch for it. It would be the same commute for me to work as work is in the middle of current home and new development. It would add 10 mins into DH’s travel journey which he isn’t so bothered about.
My main worries is that we haven’t yet had kids and when we do (hopefully relatively soon) it would be really nice to be nearby to parents so we can just call by and vice versa. That’s a lot harder when it’s a 35 mile round trip I suppose!
Is it a non issue or would you aim to stay closer by if this were you?