We currently live in South London and will start the application for our child's primary school next year, in Sep-2018.
Our work situations are such that, by the summer of 2018, we might:
- move to a city about 50 miles from London, or
- move to another area of London, about 6 miles away
In either case we'd be looking to move, and we'll most likely rent for at least a year, because we will most likely not have the time to find a property to buy (we can rent in a non-ideal property, but, with stamp duty so high, we'd much rather get a purchase right).
My questions are:
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If we move to the other city, could we rent out our property in the meanwhile? The new city would be about 1 hr away from London, but, with changes etc, at least 1hr 45 min from our property by train, and easily more than 2 hours by car. Surely the council cannot think that our application is fraudulent and that we'd subject ourselves and a child to such a long commute?
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If we move to the other part of London, I suppose I should sell my property, otherwise the council would think that we cheated on the application. Or not? Even though the distance is only 6 miles, it can easily take about 1 hr on public transport, and way more by car, because there are no direct links. I'd never impose such a commute on a child, but I understand other parents might.
What sucks is that we are in the process of remortgaging and, if selling the property is the best option, then we need to drop the lender we were considering and remortgage to one which doesn't charge early repayment penalties.