We swapped a two-bed London flat for an Italian villa – saving £400 a month
After six years of renting a two-bedroom flat in London Deepak S and his wife Daniela decided to up sticks and move to Italy We were renting a two-bed flat with terrace near Fulham Broadway he says and their monthly rent came to with bills their outgoings were https youtu be ySxqKLfRkRY feature shared After the couple got married in August they looked into buying a property for themselves in or around Fulham Prices ranged from to for smaller flats and to for like-for-like flats Our ideal property was m The couple worked out that they could have secured a mortgage with a per cent deposit but the monthly payments would be to It didn t seem worth it given the quality and size of the property we would have been getting We wanted to progress with our lives and move from a rental to a purchase but the cost was exorbitant Costs have increased significantly in London since Covid Even for us to get the same place and not improve upon what we had as a rental Locals are being pushed out and investors are coming in with a lot more capital nstead in October the pair decided to move to Lake Viverone in the Piedmont region of Italy They are now renting a four-floor villa for a month with bills their monthly outgoings are nearly less than what they were paying in London Each floor is like a two-bedroom apartment We have four bathrooms a huge garden lake...
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