These are the most popular towns to buy a home for people leaving LondonJanuary 18, 2021
For the past year we’ve been at home more than ever before – something that has got lots of people thinking about the area they live in and the property they own (or hope to own).
As a result, the trend for London life is dwindling, as people look to more spacious properties with gardens further afield. Plus, with working from home likely to be the future of work, this extra space has gained new importance.
In fact, more Londoners bought property outside the capital in 2020 than in any of the previous three years.
Research from Hamptons International shows the average age of Londoners buying homes outside of the capital has dropped – it’s now just 39, compared to 47 previously.
So this is becoming a priority for people earlier in life.
The average London leaver spent £358,000 on their home outside the capital, which is a staggering £100,000 less than the average house price in the city.
Hamptons International has also named the top 15 towns and areas that have seen the biggest increase in the percentage of homes bought by Londoners – and it looks like southern England dominates the rankings.
So, while movers want to get out of the capital, it seems they don’t want to stray too far.
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