Do you have £250,000 tied up in your home?
The growth in popularity and acceptance of working from home is leading to a shift in people's perceptions of where they need to live. As we are increasingly less tied to a specific workplace, many are looking to move away from urban to more rural areas to bigger homes more suitable for working from home and to homes with more outside space.
This shift from urban to rural is an important one, as over time it is likely to reduce some of the regional disparities of house prices. For those lucky enough to have a foot on the housing ladder this migration may indirectly help the 'levelling up process' and reduce some of the inequalities in housing wealth across the UK.