Moving To London As A Student

Moving To London As A Student

London. The big smoke. If you’ve never lived in London, you’ll probably have heard people who live there complain about it, whilst also insisting it’s the best place on earth in the same breath. For Londoners, it’s home, the only place they would want to be; for those who move to the city in search of opportunity, it can become the home they never thought they’d find.  Moving to London as a student requires some planning but it is worth the effort.

For students, London is a hub of connection, opportunity, fun, and things to explore. It can also be a tiring, difficult place to live which many find lonely. Here are three things to know before moving to London as a student!

London to London as a Student: It’s Expensive.

London is one of the most expensive cities in the world. Most capital cities are the most pricey places to live within that country, and London is no exception. It is the fifth most expensive city in the world in terms of monthly rent and coupled with travel, shopping and activities, it is pricey. London student accommodation can amazing quality, however. Find out more information about student accommodation in London.

Student finance generally accommodates this. You are eligible for a higher maintenance loan if you choose to study in London, helping you with living costs for this expensive city.

It’s Not Like Other University Experiences

There are good and bad sides to this. The pros of London student living is that you will never run out of things to do – the city is packed to the brim with awesome experiences which will never cease to amaze you. Plus, there are over forty universities in London, meaning that the student population is enormous. This means there are always new faces to meet and student events at which you can interact with students from any other London uni.

The downside is that there is less of a community feeling to London university. In smaller cities such as Leeds or Glasgow, students are much more of a community and live in closer quarters. However, Londoners are generally an independent species and expect students to be similar. Finding friends and creating a support bubble can take longer, especially if you are new to the city.

London to London as a Student: You’ll Meet People From All Over The World

One of the greatest things about London is its cultural diversity. In no other city in the world will you meet quite as many people from different walks of life. The international student population of London is vast and varied. If you’re from the UK, you will have the experience of meeting students from Asia, America, Africa, Australia and other parts of Europe who will enrich your knowledge and challenge you in interesting new ways. London brings the whole world into one sprawling city – if this sounds like it’s for you, buckle up! It’s going to be a rollercoaster.

Considering Retirement Accommodation Options

Considering Retirement Accommodation Options

I recent months I’ve started to do a lot of future planning. I’ve looked at finances, insurances and even retirement. A lot of people tend to avoid the topic of retirement as much as they can. They think that it’s not going to happen any time soon and that they have plenty of time to save up money for the day they exit the workforce. In reality, you should be planning for retirement as early as possible to help you manage your financial responsibilities. Early retirement can sound like a good idea, but it’s actually more about reaching financial freedom so that you can safely retire with ample funds to live out your golden years. If the current situation has taught me anything it is that having your bases covered, from pensions to considering retirement accommodation options should be put off.

 In this post, I’ll be covering some of the most common retirement accommodation options and why you should consider them.

Considering Retirement Accommodation Options: House Sharing with Relatives

If your relatives or family members are inviting you to stay with them, then this can be the most economical option since you can simply sell your home and take all the capital into your retirement fund. This can be a great option for families with larger homes. 

Care Homes

For seniors with medical or mobility issues, care homes might be the most practical solution for retirement accommodation. You’ll be given a private room and shared communal areas to engage with other residents and staff members. While it can feel a little restrictive, it does provide the best care that you could ask for. Senior care ranges from full-on nursing support to much more independent choices. These are worth considering as you don’t know what your future holds and you want to be able to afford the best choice for you.

Retirement Villages

If you’d like to be surrounded by purpose-built developments and other seniors around your age then retirement villages can be a fantastic choice. These can provide a huge mix of accommodation styles and you’ll be able to downsize your existing property to something a lot smaller and affordable. Consider a set up such as ERL retirement villages that offer lots of additional services and local amenities that can enhance your experience. While there are some age restrictions, these self-contained villages can feel like holiday homes in some cases and will provide lots of extra comforts that will make your life a lot easier.

Considering Retirement Accommodation Options: Staying in Your Current Home

Of course, you could just stay with your current home if you’re content with it.  While many people prefer to just stay in their own home, there are arguments for downsizing that should be considered since it can save a lot of money and offer more comfort. Staying in a large and empty home isn’t for everyone but it really depends on your personal preferences.

Just like how you have lots of retirement options, there are also lots of different choices for retirement accommodation. Doing your research here is important because purchasing a retirement property can be a huge investment.

Have you started to look differently at your future because of what is going on in the world and your world right now? I certainly have. Next up is to take another look at my insurances to make sure everything is up to date and that my cover is adequate.