Research from leading estate agent, Hamptons International, shows that last year the number of Londoners buying a home outside the capital reached its highest level since 2007. In 2016, 74,000 Londoners bought homes outside the capital, a figure up 11,000 more than the previous year. To support this demand Hamptons International recently hosted their annual ‘Country Roadshow’. The Roadshow seeks to provide a selection of the finest countryside homes within the commuter belt and countryside locations to Londoners seriously considering leaving the capital.
The event took place across five key London locations in the company’s Blackheath, Battersea, Teddington, Kensington and Muswell Hill branches. Those in attendance were given the opportunity to take a first glimpse at beautiful country homes available to buy and rent in the countryside. Agents from key commuter belt and countryside locations provided useful information to those wishing to make the move out of London.
This year the Roadshow witnessed more first time buyers in attendance than ever before. 39% of all first time buyers chose to leave London and lay down roots outside of the city last year, which is the highest number since 2007. This shows that the squeeze on first time buyers over the last few years has steadily changed where first time buyers want to buy.
A more personal view into the best area for commuter times
Mary Beeton, Head of Sales for Hamptons International says: “We’re delighted to have once again hosted a weekend where time-poor Londoners have met with our country agents, without having to leave the City. At Hamptons we understand the decision to take the plunge and move from the city to the country requires not only expert advice, but a more personal view into the best area for performing schools and commuter times.
“We’d like to extend a huge thank you to everyone who came to experience the Country Roadshow first hand. It was great to see the countryside come to the capital and with expert advice on hand, this event has become an absolute must for anyone considering making the move out of London.”