Posted on 8th September 2017 by Jordan Holmes
The first week of school is over, and the sound of rejoice sweeps the nation as parents enjoy their new found freedom. However, with the end of summer holidays comes the start of a whole new school year and the dreaded battle for catchment areas.
Santander Mortgages have highlighted the true battle that parents face as they scramble to the start line for the first day of school. A Survey conducted by Santander Mortgages, answered by more than 4,000 parents with children of school age, showed that 24% had purchased or rented a property to secure an address within a particular school catchment area.
The Poll further elaborated that of those parents who buy or rent a property to ensure a catchment address, shows that they are willing to spend on average 12% more on a property to live in that desired location.
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