Is it a good time to move back to the UK?
#1
Is it a good time to move back to the UK?
My Mrs wants to move back to the UK, has done since we've been here - 5 years now.
With the exchange rate at almost 2:1 and house prices falling in the UK, possibly going to crash you can get a lot of house for your money.
I like the thought of a big house in the country BUT what if there's going to be a huge recession? I don't fancy being on the dole.
Your thoughts....
With the exchange rate at almost 2:1 and house prices falling in the UK, possibly going to crash you can get a lot of house for your money.
I like the thought of a big house in the country BUT what if there's going to be a huge recession? I don't fancy being on the dole.
Your thoughts....
#2
Re: Is it a good time to move back to the UK?
My Mrs wants to move back to the UK, has done since we've been here - 5 years now.
With the exchange rate at almost 2:1 and house prices falling in the UK, possibly going to crash you can get a lot of house for your money.
I like the thought of a big house in the country BUT what if there's going to be a huge recession? I don't fancy being on the dole.
Your thoughts....
With the exchange rate at almost 2:1 and house prices falling in the UK, possibly going to crash you can get a lot of house for your money.
I like the thought of a big house in the country BUT what if there's going to be a huge recession? I don't fancy being on the dole.
Your thoughts....
On the subject of the UK it depends who you ask. Some people seem to be struggling but talking to ex-colleagues over there and they have never been busier. Their salaries are going up and the companies they are working for are struggling to recruit decent staff. Sounds just like Perth! The Olympics, major rail and infrastructure projects etc are sucking uo a lot of people. A friend who does bathroom renovations is flat out and is booked up for the next year.
I think economically you would be okay but as for the lifestyle.....
#3
Lost in BE Cyberspace
Joined: May 2006
Posts: 6,600
Re: Is it a good time to move back to the UK?
My Mrs wants to move back to the UK, has done since we've been here - 5 years now.
With the exchange rate at almost 2:1 and house prices falling in the UK, possibly going to crash you can get a lot of house for your money.
I like the thought of a big house in the country BUT what if there's going to be a huge recession? I don't fancy being on the dole.
Your thoughts....
With the exchange rate at almost 2:1 and house prices falling in the UK, possibly going to crash you can get a lot of house for your money.
I like the thought of a big house in the country BUT what if there's going to be a huge recession? I don't fancy being on the dole.
Your thoughts....
But whose to say it might not be even better in 6-12 months time. Forecasting another couple of interest rate rises before the end of the year, plus a fairly steady housing market this side, against falling rates and property prices in the UK.
#4
Re: Is it a good time to move back to the UK?
I don't dislike the UK, but I do dislike living there and no, I think the kids are much better off here in Aus. But you know, there's not much you can do when the wife wants to go back is there?
#5
BE Forum Addict
Joined: Aug 2005
Posts: 2,322
Re: Is it a good time to move back to the UK?
I've just been having a look in the area we came from and houses have dropped a bit - but not hugely all the 430k ones are now 400-410k, the 320k ones are now 300ish etc.
By the time you've managed to sell up here will the exchange rate still be 2:1 - maybe, maybe not...
Property market may have firmed up there and dropped here etc etc, so many variables.
But if you were to move TODAY, yes, probably a good time
By the time you've managed to sell up here will the exchange rate still be 2:1 - maybe, maybe not...
Property market may have firmed up there and dropped here etc etc, so many variables.
But if you were to move TODAY, yes, probably a good time
#6
BE Forum Addict
Joined: Oct 2005
Location: Perth
Posts: 3,453
Re: Is it a good time to move back to the UK?
My Mrs wants to move back to the UK, has done since we've been here - 5 years now.
With the exchange rate at almost 2:1 and house prices falling in the UK, possibly going to crash you can get a lot of house for your money.
I like the thought of a big house in the country BUT what if there's going to be a huge recession? I don't fancy being on the dole.
Your thoughts....
With the exchange rate at almost 2:1 and house prices falling in the UK, possibly going to crash you can get a lot of house for your money.
I like the thought of a big house in the country BUT what if there's going to be a huge recession? I don't fancy being on the dole.
Your thoughts....
You do realise that it doesn't matter what you do, your Mrs will be the number one factor?!
Still not sure that the UK is a place that I want to live. The only way I'd do it is if I could avoid all the negatives that I associate with the place.
So.....I'd need to be able to afford to get away to the sun at regular intervals in the winter (no chance of that). I'd also need to be able to afford to live in an area where I could send the kids to a great school OR preferably work at a private school and send them there.
Otherwise the reasons for moving back - family, countryside, culture, media, history - would become outweighed by the negatives.
#7
Re: Is it a good time to move back to the UK?
Sure, but I reckon out of all the people on this website, you would be the ping pong poms!
#8
Re: Is it a good time to move back to the UK?
So.....I'd need to be able to afford to get away to the sun at regular intervals in the winter (no chance of that). I'd also need to be able to afford to live in an area where I could send the kids to a great school OR preferably work at a private school and send them there.
.
.
Frankly, we'd be skint as ****, probably.
#9
Re: Is it a good time to move back to the UK?
Never been a better time, financially, to move back.
But whose to say it might not be even better in 6-12 months time. Forecasting another couple of interest rate rises before the end of the year, plus a fairly steady housing market this side, against falling rates and property prices in the UK.
But whose to say it might not be even better in 6-12 months time. Forecasting another couple of interest rate rises before the end of the year, plus a fairly steady housing market this side, against falling rates and property prices in the UK.
Look I would want what is best for my kids as my number one priority. Wifey comes second, I reckon.
Not sure when you last visited the UK but are you ready for that hectic stressed out lifestyle that you once left behind?
It is a tough decision, I would do a 3 month holiday if you can afford it. See if you settle into your old ways, you will soon be bored and restless.
I don't reckon your missing much though !
#10
Re: Is it a good time to move back to the UK?
My wife just thinks they're better off in the UK, mainly because she talks to her friends back there and their primary school kids are so far ahead. She thinks the education system here is crap.
#12
Lost in BE Cyberspace
Joined: May 2006
Posts: 6,600
Re: Is it a good time to move back to the UK?
Personally I'm more concerned about what will be best for my kids when they're grown and are no longer kids, than I am about the merits, or otherwise, of one educational system against another.
#13
Joined: Sep 2005
Posts: 23,400
Re: Is it a good time to move back to the UK?
That's the problem. She'd like to move back to Sussex but I'm not keen on spending 3 or 4 hours of the day on the M25 or on a train to London. I'd be 43 or 44 when we go back and my skills are, fairly specialised. I can't see people queuing up to employ a middle aged "web accessibility specialist/content management system support person". Especially if there is a recession on...
Frankly, we'd be skint as ****, probably.
Frankly, we'd be skint as ****, probably.
Are your kids happy in Oz? Are you happy in Oz?
Surely your opinions need to be taken into consideration.
#14
BE Enthusiast
Joined: Oct 2002
Location: Yallingup
Posts: 343
Re: Is it a good time to move back to the UK?
Hi Renth,
When we moved down from Perth our daughter spent 9 months at a local primary school, she then moved to a private Anglican school in Busselton and found that in several subjects she was behind. It would be intersting to know how she would compare to to a 14 year old in the UK now that she's spent a few terms at her new school.
Some friends of ours went back to East Sussex for an extended holiday some time ago, The idea was that they would stay with family and work after the Police checks came through (they are both nurses). After three months the husband was back in Australia working because despite his knowledge of ICU, A and E and Renal he couldn't pick up enough shifts to support the extened break. He made it back to the UK 6 months later just in time for Christmas and to bring his family back to Australia. They have no plans to return to England.
When we moved down from Perth our daughter spent 9 months at a local primary school, she then moved to a private Anglican school in Busselton and found that in several subjects she was behind. It would be intersting to know how she would compare to to a 14 year old in the UK now that she's spent a few terms at her new school.
Some friends of ours went back to East Sussex for an extended holiday some time ago, The idea was that they would stay with family and work after the Police checks came through (they are both nurses). After three months the husband was back in Australia working because despite his knowledge of ICU, A and E and Renal he couldn't pick up enough shifts to support the extened break. He made it back to the UK 6 months later just in time for Christmas and to bring his family back to Australia. They have no plans to return to England.
#15
Lost in BE Cyberspace
Joined: May 2006
Posts: 6,600
Re: Is it a good time to move back to the UK?
Life is about compromise, but not to the extent of compromising yourself.
Shirley?