Our comprehensive guide on buying a home reveals how to prepare for the costs you will need to pay. Among TripAdvisor’s top 10 things to do in the area are visits to Leonardslee Lakes and Gardens, Sumners Ponds, Warnham Local Nature Reserve and Leechpool and Owlbeech Woods – each would look at home on the front of a postcard. Devon is particularly popular because of its stunning countryside, despite higher property prices than other regional areas in the UK. It’s a common question for those that are thinking about later life. Retirees start by applying for a Category F residency permit, which requires a showing of $15,600 in annual retirement income for two. With stunning panoramic views from the Abernethy Glen as well as ground-level delights on the Perth city walk, this’ll be a perfectly tranquil area to retreat to and explore. Plus, it’s well connected with a rail hub and is close to the accessible M5, so transport links are great if you’re expecting family and friends to visit. And, for those moving on their own, or wanting to engage with other locals, Shetland is ideal. Plus, the city is renowned for being a happy place, so if you’re keen to be greeted by friendly faces on your daily strolls, head to Swansea. A former winner of the ‘Best Place to Live’ in the UK, Cardiff is typically recognised as a hotspot for retirement. Best places to retire in the UK. Copyright © Garrington Property Finders 2020, voted the top place to stay active in retirement, Seaside towns – Best places to live in 2020, Buying a coastal cottage? One thing is certain, Yorkshire is a very attractive place to Regularly topping ‘Best Places to Retire’ lists, Plymouth is a coastal town with an affordable property market and plenty for retirees to enjoy. Voted one of the top places to live in the UK in 2018, York is known for its local landmarks, places of interest and rich cultural heritage. Tagged as: downsizing how to buy a house retirement, Average house prices in the area are £141,412, while the average retirement home comes in slightly more expensive at £159,950. The United Kingdom is an attractive place for Americans to retire, according to Culpepper. We use cookies to allow us and selected partners to improve your experience and our advertising. Here, we look at the best places to retire and what each area has to offer. Here, you’re sure to be greeted with local landmarks and places of interest right on your doorstep. The counties in the south of England are always popular with a laid-back lifestyle live and has many idyllic places to retire. The Five Best Places to Retire Watson Lake Park is only 4 miles from downtown Prescott and features something for everyone – fishing, boating, hiking, rock climbing, camping and more. There is plenty to experience within Cornwall, including iconic attractions like the Tintagel Castle and the Eden Project. Our area comparison tool helps you sift through different local authorities and weigh up factors such, local house prices, life expectancy and happiness. Here at GoldShield, we provide care schemes and warranties for park homes— a comfortable and cost-effective way to retire. While affordability has been taken into account in the scores, we found that the average property price in all of these areas exceeds the UK average of £235,298, according to the latest Land Registry data. This. The table below shows the top five places to retire in the UK. It’s a big decision, and can feel overwhelming if you’re looking to move to a new area. They can do this with a specialist mortgage, known as lifetime mortgage. So you might have decided on where you want to live when you retire but have you thought about how to get there? (You can read more about what makes Fargo special here. Fife is a peaceful and scenic part of Scotland that benefits from ready access to the cities of Edinburgh, Glasgow and Perth allowing residents to find a balance with being removed from the busyness without being too out of touch. As a designated green village, the parish council is constantly putting forward initiatives on issues such as excess street lighting, bio-degradable bags and litter. The area is incredibly well suited for retirement with towns such as Torquay being one of the UK’s official Age-friendly Communities. If you have any questions, don’t hesitate to contact us today, Cobalt Business Exchange, Cobalt Park Way, Wallsend, Newcastle Upon Tyne, NE28 9NZ, Registered address: Sutherland House3 Lloyd's Avenue, London EC3N 3DS, Provided and administered on behalf of the NCC, Where Should I Retire? There are seaside towns and a large number of parks around the city, as well as many National Trust sites to explore — including the Rhossili headland walk and the Vile long circular walk. This number has risen by 60% since 2007, introducing a new type of renting demographic – ‘silver renters’. According to Profile Pensions, Plymouth is desirable because of its plentiful parks, cafes and cultural centres. Downsizing or not, house prices are always an important factor, especially once you are of retirement age as financing is not as easy to come by. var pymParent = new pym.Parent('which-signup', 'https://www.which.co.uk/static/tools/new-reviews/money-signup/money-signup-rhythmyx.html', {}); The retirement advice company Profile Pensions crowned Plymouth as the best place to retire in the UK. But where are the places in the UK offering the best value in your golden years? Another benefit of moving to the North East is the lower cost of living, which is rated as 19.22% lower than that in London (Numbeo). The full cost of buying a house might be higher than you think. Retirement age in the UK. Prices from The annual report looks at local authorities across England, Scotland and Wales and to rank them it uses 26 factors that could be important to homebuyers, including affordability, safety and access to green space. A number of factors were taken into account in the study by Profile Pensions, including: As larger cities involve more travel to access what’s available, entertainment options such as cinemas and sports clubs have been divided by the area size of the city. Plus, the rural setting of the area makes it a particularly peaceful place to retire to and an easy way to be at one with nature. By continuing to browse you consent to our use of cookies. From the stunning sandy beaches to nature-filled Norfolk Broads there is a location in Norfolk to suit those seeking a slower pace of life. Located in the south-west of England, Somerset is a beautiful county with a varied countryside that makes it an idyllic location for older people looking for a tranquil living environment. However, due to restrictions, the heart of the city is mainly traffic-free so is clean and quiet for the most part. Best bits: Pricey Hart covers parts of Hampshire and Surrey, with such towns as Fleet, Hook and Crondall. The city of York has long been a popular place for retirees to live, and with so much to see and do both in York and within the surrounding area, it has previously been voted the top place to stay active in retirement. Newcastle City Council even run various initiatives to help support older people or those with health issues, so you can be sure you’ll be well looked after for years to come in this beautiful city. Within the West Sussex part of the South Downs National Park is the Cissbury Ring, the most historic hill on the South Downs. The key factors you’ll need to consider will depend on your circumstances. helps you sift through different local authorities and weigh up factors such, local house prices, life expectancy and happiness. Fourways, Johannesburg 2191. , the major factors that people use to identify a city for retirement is: This reinforces a common trend that appears to be taking hold in the rental market – the amount of UK properties being rented to people aged over-60. var pymParent = new pym.Parent('which-tool', 'https://www.which.co.uk/static/tools/new-reviews/area-comparison/area-comparison.html', {}); While you can get a general idea of a place from these kinds of surveys, property prices and quality of life can greatly vary from road to road, let alone between local authorities. If you currently have mobility issues or are keen to prepare for any that many arise, Skegness will be a good retirement spot for you. The pension system in the UK has been undergoing major changes to bring the women’s retirement age in line with the men’s. Average price of a semi-detached house: £152,190. Men in the area have an impressive life expectancy of 82.5 years – three more years than the national average. We know that accessibility is likely to be important to you in your retirement planning, and with fantastic transport links up and down Cornwall, you won’t have to worry about feeling isolated in your retirement.