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The thought of upping sticks and leaving the hustle and bustle of the capital in favour of a quieter life surrounded by green and fresh air in the countryside has crossed many a Londoner’s mind. Recent Government data shows that more Londoners are turning this dream into a reality. In fact, Londoners have spent 70 per cent more on homes outside of the capital in the last 12 months, tallying up £17bn worth of home purchases. Over 7 per cent of all sales outside of the capital went to Londoners, with nearly half of these moving to the South East.
Flows between our capital city and the country are a significant dynamic of the housing market. In recent years 15 per cent of our sales made outside of the capital were to buyers from London. At the top end of the market, demand from London makes up a bigger segment, more than a third of sales of properties above £1million in the past year sold in the country, were bought by buyers from London.
Wealth moving out of London is a very important driver of the top end country house market.
With so many variables to consider such as transport links, amenities and schools, choosing your new location can be a daunting decision. This pamphlet aims to provide you with a useful guide to some of the most popular country locations in our network. We hope you find it an inspiring and informative tool to help with your property search.