Londoners spent more on property outside of the capital in 2020 than in any year since 2007
Londoners spent more on property outside of the capital in 2020 than in any year since 2007 reports Hamptons, as the number of "London leavers" reached 73,950.
The number of Londoners buying second homes outside the capital tripled last year
The number of London-based buyers that purchased a second home outside the capital leapt by 309% in 2020 compared to 2019, according to Knight Frank, as affluent sorts looked to escape the city.
PCL property prices have fallen by 4.3% this year; rents by 11.9%
Prime Outer London has seen less significant price drops than central areas, reports Knight Frank.
‘An unusual year’: Britain’s pandemic property market in nine charts
The ONS has produced a series of charts that illustrate what happened to the property market in 2020, from national price inflation rates to a growing preference for larger homes.
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