Skip navigation

Gloucestershire Business News

Exodus from UK cities is here to stay despite lifting of Covid restrictions, says Perry Bishop

Cheltenham estate agency Perry Bishop believes that the exodus from cities is still ongoing, with the town proving a popular destination for house buyers.

Gavin Wallace, director at Perry Bishop Cheltenham said: "We're now seeing that flexible working post Covid has changed the way that we all work and live, on a permanent basis.

"As summer continues and the remaining restrictions are lifted, we are continuing to see increasing numbers of people still looking to move from cities like London and Birmingham, wanting to settle in and around Cheltenham, where demand still outstrips supply.

"People want better value for money, a higher standard of living, a home with separate office space, a larger garden...Workers are looking to leave the 'rat race' behind for good. They're making permanent relocation moves, which they could have only dreamt of before"

Mr Wallace also believes employers are aware of talent exodus from cities like London, taking on board the increased desire from highly skilled people to move to less metropolitan locations now that they can benefit from a remote working environment.

He continued: "This migration of talent is meaning that employers have to broaden the geographical scope of their workforce solutions, and re-evaluate where top talent is now located. As a result of its proximity to urban centres like London, Bristol and Birmingham, Gloucestershire and Cheltenham has attracted many large corporations and multinationals looking for a UK base.

"It's also the ideal base for families with Cheltenham boasting some of the UK's top grammar schools like Pate's, Balcarras (usually appears in Top 10 State Schools in UK, outperforming both grammar and private), and world-renowned private schools like Cheltenham Ladies College.

"The Regency town of Cheltenham also holds its own against London in terms of food, festivals and lifestyle, as well as having an enviable semi-rural location. The centre boasts all the usual major high street shops, restaurants, and cafes, as well as wonderful independents.

"Swap average house prices of £709K for £393K and you can see why the Sunday Times (2020) named Cheltenham as the best place to live in the South West."

For more information about Perry Bishop and Chambers Cheltenham, please visit https://www.perrybishop.co.uk/.

Related Articles

Gloucester insurance broker set for growth following MBO Image

Gloucester insurance broker set for growth following MBO

Investment by JMG group has facilitated a management buyout at Gloucester-based Brunsdon Insurance by North West insurance broker, Butterworth Spengler, for an undisclosed sum.

Consultation launched for 376,000 sq ft expansion of Gloucestershire business park Image

Consultation launched for 376,000 sq ft expansion of Gloucestershire business park

Developers heading up the expansion of Brockeridge Business Park at Junction 1 of the M50 are launching a public consultation for the project.

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Tuesday, September 21 Image

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Tuesday, September 21

The ongoing coronavirus situation is constantly changing with announcements being made about businesses and services.

Cheltenham pursues climate ambition and improved accessibility for taxis Image

Cheltenham pursues climate ambition and improved accessibility for taxis

Cheltenham Borough Council pledged today (September 21) to bring its wheelchair accessible vehicle policy for taxis in line with its 2030 climate ambition.

Copyright 2021 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.