Some 15,000 Londoners buying their first home did so outside of the city this year, a rise of 70% from the prior year, according to data from Hamptons International. The figure equates to 30% of the capital’s first-time buyers.
First-time buyers leaving the capital are on average spending £192,000, much less than the £248,000 spent by those buying in London.
Overall, Londoners bought 58,000 homes outside the capital this year, a rise of 50% on the year and the highest since 2007.
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The Guardian, p. 27
