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‘Couldn't afford lifestyle’: Couple buy 5-bed Oxford home for ‘same price’ as London flat

Moving out of London offers a plethora of opportunities for homeowners. More affordable house prices, a slower pace of life and more space are just some of the things homeowners can take advantage of. For Mia and Ed Nisbett, moving out of London meant a better work-life balance.

Ed and Mia, both 39, has been living in a rented property in Tooting Bec in the borough of Wandsworth in south London.

Each day, the couple were commuting to their prospective teaching jobs in Barnes and Dulwich.

Three years ago, the couple had their first child.

Prior to the baby’s arrival, Mia became more concerned about their work-life balance.

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But they soon realised just how “expensive” the county of Oxfordshire was.

Instead, they opted to move to a town called Banbury, a historic market town.

They bought a five-bedroom home in the town for £480,000.

Mia said: “That is pretty much the price of a London flat, and it is five minutes’ walk to my work.”

Ed initially commuted to London but soon found a job in Oxford.

The couple now live in Banbury with their two children, dog and cat in their new home.

Despite loving London, Mia has fallen in love with Banbury which she described as “charming” with pretty architecture.

She said the town has plenty of cafes, restaurants and a cinema, is friendly and allows them to have a thriving social life.

Mia added: “We didn’t leave London because we didn’t like it.

“We left because we couldn’t afford the lifestyle we have now.”

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