Tuesday, June 18, 2024

Renters leave London at highest rate in decade, research shows

RENTERS are leaving London at the highest rate in a decade, according to research reports the BBC.

In 2022, 40% of tenants who were moving home chose to leave the capital, up from 28% 10 years ago.

Most are moving to neighbouring areas, including east Surrey, Essex, Kent and Hertfordshire.

It marks the opposite trend to 2021, when more homeowners left London than renters for the first time in a decade.

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