Estimated number of ‘London leavers’ slumps to nine-year low in 2023
Fewer Londoners ventured outside the M25 in 2023 to buy a home elsewhere, according to an index.
Londoners collectively spent an estimated £28.7 billion on homes outside the capital this year, which was £11.7 billion less than in 2022, estate agent Hamptons found.
It highlighted two factors at play in the market – the first being fewer house sales taking place across generally and the
