North a magnet for Londoners
MOVING: More Londoners than ever before are leaving the capital to head north.
New analysis published today by Hamptons International shows that in 2016 the number of Londoners buying a home outside the capital reached the highest level since 2007. One in five headed to Northern England or the Midlands. A record 40 per cent of first-time buyers living in London ended up buying outside the capital. Johnny Morris, Head of Research at Hamptons International says: “With affordability in the capital stretched, more Londoners are looking elsewhere to buy their first home. More too are likely to go further afield.”