{"id":10404,"date":"2023-11-06T22:52:00","date_gmt":"2023-11-06T17:22:00","guid":{"rendered":"https:\/\/farratanews.online\/the-georgian-town-thats-now-overrun-with-dfls-locals-have-zero-chance-of-owning-homes\/"},"modified":"2023-11-06T22:52:00","modified_gmt":"2023-11-06T17:22:00","slug":"the-georgian-town-thats-now-overrun-with-dfls-locals-have-zero-chance-of-owning-homes","status":"publish","type":"post","link":"https:\/\/farratanews.online\/the-georgian-town-thats-now-overrun-with-dfls-locals-have-zero-chance-of-owning-homes\/","title":{"rendered":"The Georgian town that’s now overrun with DFLs – locals have ‘zero chance’ of owning homes"},"content":{"rendered":"

[ad_1]\n<\/p>\n

\n

With London rental prices reaching record highs and demand heavily outweighing demand, professionals and young families are ditching the capital for a slice of coastal and country living.<\/p>\n

Staycationers and second-homeowners are flocking to North Norfolk as an escape from the expensive and laborious London lifestyle.<\/p>\n

DFL – meaning \u2018Down from London\u2019 – is the token term given to somebody who has made the leap from London to live in southern England, particularly Kent.<\/p>\n

Given North Norfolk\u2019s north-easterly geographical location from the big smoke, people moving to the area are being dubbed \u2018UFLs\u2019 – Up from London.<\/p>\n

North Norfolk is an incredibly diverse part of the country, featuring a spectacular coastline, National Trust estates and market towns.<\/p>\n<\/div>\n

\n

Coming to public attention after Prince\u00a0William and Princess Kate established a country retreat at Georgian Amner Hall in 2013, the region has become a hit for local tourists and has suitably adapted.<\/p>\n

This was helped by the Covid-19 pandemic, with international travel becoming heavily restricted many Britons turned to exploring their homeland outside of the usual popular destinations.<\/p>\n

Staycations proved and continued to be, popular. Many British tourists discovered, and are discovering, the natural beauty of North Norfolk\u2019s beaches and stunning countryside for the first time.<\/p>\n

Lots of people like to imagine themselves living in a place when they come to visit, and the draw for Londoners in this portion of East Anglia is simple – a peaceful and picturesque way of life.<\/p>\n

Holt, a charming Georgian market town, has become a favourite with DFLs coming thanks to its vibrant high street featuring art galleries, book shops and eateries.<\/p>\n<\/div>\n

\n

According to Rightmove, the average price of a property in Holt is \u00a3384,021 (up five percent from the previous year), compared to the average property price in London – \u00a3724,881.<\/p>\n

That brief snapshot perfectly illustrates why some young Londoners would consider making the switch East: you get far more for your money. However, this hasn\u2019t gone down well with Holt locals, with many wondering how they will ever be able to afford a property of their own thanks to the influx of Londoners and second-home owners inflating house prices.<\/p>\n

Lucy Paine, 26, a waitress at Holt’s \u201cposh B&B caf\u00e9 and restaurant\u201d Byfords said one of the downsides to living in the region is potentially not ever being able to own a property there. She told The Telegraph: \u201cThe good bit of living here is that it\u2019s nice to serve happy people here on holiday.<\/p>\n

\u201cThe downsides are that I have zero chance of owning my own home as house prices are totally insane and that there\u2019s no nightlife for young people.”<\/p>\n<\/div>\n

\n

Norfolk County Council is also not pleased with the large number of tourists flooding the area and is set to introduce street parking fees for non-residents in over-crowded villages.<\/p>\n

But some shop owners in the region are generally pleased with the new locals and day-trippers because their high-quality goods can be successfully sold for suitable prices.<\/p>\n

Proprietor at Follyology Holt Judith West, a clothing and interiors shop, said the retailers in Holt aim to stock all the brands and labels Londoners covet. She added: \u201cI make a point of cherry-picking the really fashionable brands.”<\/p>\n<\/div>\n[ad_2]\n","protected":false},"excerpt":{"rendered":"

[ad_1] With London rental prices reaching record highs and demand heavily outweighing demand, professionals and young families are ditching the capital for a slice of coastal and country living. Staycationers and second-homeowners are flocking to North Norfolk as an escape from the expensive and laborious London lifestyle. DFL – meaning \u2018Down from London\u2019 – is …<\/p>\n","protected":false},"author":1,"featured_media":10405,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[763],"tags":[],"_links":{"self":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/posts\/10404"}],"collection":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/comments?post=10404"}],"version-history":[{"count":0,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/posts\/10404\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/media\/10405"}],"wp:attachment":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/media?parent=10404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/categories?post=10404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/tags?post=10404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}