The Latest Breaking News from Aneisha Beveridge

London leavers at record high as homebuyers are priced out of the capital by mortgage chaos

First-time buyers make up a record 30 per cent of those leaving London this year, new data from Hamptons has found

Evening Standard · Aug 6, 2023

House moves out of London have ‘increasingly been driven by need over want’

Higher mortgage rates and affordability pressures mean London leavers are spending £63,735 less typically than those who left in 2022, Hamptons said.

The Independent UK · Aug 6, 2023

House prices: average asking prices fall by £905 as interest rate rises hit buyer affordability

Rising mortgage rates are biting, while rents on new lets reached a record high in June

Evening Standard · Jul 17, 2023

London house prices: every borough ranked from most to least expensive after a year of dramatic rise and falls

Where does your area lie in the London house price ranking?

Evening Standard · Apr 20, 2023

‘Lots of us are very anxious’: why Britain’s buy-to-let landlords are selling

UK rent and rate rises plus tougher rules are fuelling a crisis for both tenants and owners

The Guardian - UK · Feb 24, 2023

London sellers made average £200k profit on their homes in 2022 — a record high

Londoners earned an average of £219,110 on their property sales last year, equivalent to £23,560 per year of ownership.

Evening Standard · Jan 11, 2023

Has the race for space been run? Number of Londoners buying homes outside capital slows to pre-pandemic level

This year nearly 20,000 fewer home purchases outside of the capital were made by exiting Londoners

Evening Standard · Dec 26, 2022

House price forecast: interest rate rises to cool UK price growth as mortgaged buyers sit tight

2024 will be a year of recovery for the housing market, with London leading the charge.

Evening Standard · Sep 1, 2022

28% of ‘London leavers’ purchasing homes are first-time buyers, analysis finds

On average, these buyers spent £383,070 on their first home, compared with an average of £526,600 for a first-time buyer purchasing in the capital.

The Independent UK · Jul 31, 2022

Average asking price for a home hits record high for sixth month in a row

The average price tag on a property increased by £1,354 month on month in July to reach £369,968, Rightmove said.

The Independent UK · Jul 17, 2022