PERFECT HOMES MAGAZINE - Issue 13 Issue 13 | Page 155

B ritain’s canals and rivers have long had a magnetic attraction for people looking for a slower pace of life, but it seems that growing numbers of tenants and homeowners struggling against rising prices are turning to a life along the waterways. Houseboats can offer the same space as a flat and, with the peaceful, waterside location, are often an interesting option for many buyers. Often, they are considerably cheaper than a flat of a similar size and, with the wildlife and tranquil outlook, are gaining mass popularity – especially among families and young professionals. There are about 10,000 people living along the 100-plus miles of canals in London alone, one of the most sought-after mooring spot in London is the Wenlock Basin, off the Regent’s Canal near the Angel, Islington, and with the average house price in London a staggering £514,000, compared to £80,000 for a house-boat you can see why so many young professionals are turning to living on the water. Mooring fees do vary around the UK but within the Basin they are around £1,350 per quarter, which includes maintenance and use of its facilities, including security, communal areas and refuse collection which is considerably cheaper than the quarterly council taxes of normal homes. LONDON PERFECT HOMES INTERNATIONAL MAGAZINE 155