Londoners are buying the lowest share of properties outside the capital in more than a decade, with just 5.3% of house purchases elsewhere in the country attributed to them in the first seven months of 2025.
This represents the lowest proportion since 2013, with approximately 31,620 transactions up to the end of July—about half the 63,600 recorded in the same period in 2021 during the height of the pandemic-driven 'race for space.' The return to office working has played a role in curbing appetite for long-distance moves, but the lack of price growth in the capital has significantly impacted would-be leavers.
Many London homeowners haven't built up enough equity to make the leap to desirable locations, especially as prices outside the capital have continued to climb.
Prices have risen 26% outside London over the last five years, triple the 8% pace recorded in the capital.
The data suggests the pandemic-driven flight from London has reversed, with homes by the sea losing some appeal and fewer people looking to escape cities.
The latest data from UK Finance shows a rise in mortgage arrears and possessions in the second quarter of 2025, although lenders continue to offer support to struggling homeowners.
Conygar Investment Co has sold a Virgin Active gym in Nottingham for £6.8 million, as part of a strategic portfolio realignment.
The boss of flexible office group IWG has dismissed a 17% fall in the company's share price, calling it 'not rational' and blaming 'machine selling'.
The CEO of flexible office group IWG has dismissed a recent 17% fall in the company's share price, attributing the decline to 'machine selling' by automated trading systems.
The average asking price for a UK property has fallen by 1.3% in August, as sellers price their homes more competitively during a typical summer dip.
Chancellor Rachel Reeves is reportedly weighing a new property tax to replace or reform the existing stamp duty system, a move that could shake up the UK housing market.
Chancellor Rachel Reeves is reportedly weighing a new property tax on high-value homes to replace or reform the existing stamp duty system.
Property firm British Land has reported strong occupancy rates in its retail parks, a positive sign for the company and the broader retail sector.
Homebuilder Persimmon has sold more homes but has warned that high mortgage costs are still a 'barrier' to buyers.
The bidding battle for the healthcare property investment firm Assura has intensified, with the competition watchdog taking further action.
Real estate investment trust Landsec has completed the sale of a significant London office building to the Arora Group for a reported £245 million.
The London Stock Exchange's AIM market has welcomed RentGuarantor, a company that provides guarantor services for tenants and landlords, following its move from the Aquis Stock Exchange.
Surveyors reported improved buyer enquiries and stabilising prices in July, hinting that BoE easing is feeding through.
UK house prices increased by 0.4% in July, a larger-than-expected rise, according to the latest data from mortgage lender Halifax.
Average UK house prices rose by 0.6% in July, recovering from a previous dip, according to Nationwide.
FTSE 100 property developer Berkeley Group has warned of a housing slowdown in London, forecasting further decline unless the government addresses regulatory and tax hurdles.
Amazon offers 45% discount on L'Oreal Paris Laser Renew Anti-Ageing Triple Action Eye Cream.
UK borrowing costs for 30-year debt reached 5.72%, a 27-year high, raising fears of economic decline.
Poundland plans to close up to 68 stores in 2025 following financial difficulties and restructuring.
Chancellor Rachel Reeves announced the autumn budget for November 26, aiming to address a £30 billion deficit with growth measures.
Financial expert Martin Lewis has issued a strong warning against criminals who use his name and deepfake technology in 'disgraceful' online adverts to scam vulnerable people, after a woman's husband lost thousands of pounds.
The Powerball jackpot has soared to an estimated $1.3 billion, the fifth-largest in the lottery's history, after no winning ticket was sold in the latest drawing, marking the 41st consecutive drawing without a winner.
The UK's long-term borrowing costs have reached a 27-year high, fueling speculation about the government's economic credibility and the future of Chancellor Rachel Reeves following a significant government reshuffle.
Experts caution that Premium Bonds winnings may lead to unexpected tax bills depending on how they’re used.
McVitie’s introduces a new caramel-flavoured Penguin biscuit available in major UK supermarkets just in time for autumn.
Despite a wider trend of decreasing car insurance premiums in the UK, a new report indicates that prices for drivers under the age of 25 have seen a recent increase.
A major government reshuffle has fueled speculation about the future of Chancellor Rachel Reeves as the UK's long-term borrowing costs reach a 27-year high amidst broader European economic uncertainty.
The Powerball jackpot has skyrocketed to an estimated $1.3 billion after no one won the top prize in the latest drawing, marking the 41st consecutive drawing without a winner and setting up the fifth-largest jackpot in the lottery's history.
Greggs has introduced a £5 meal deal nationally along with new autumn-inspired menu items including Chicken Fajita Bake and Pumpkin Spice specials.
Financial expert Martin Lewis has issued a powerful warning against online criminals who use his name and deepfake technology in 'disgraceful' adverts to scam vulnerable people, after a woman's husband lost thousands of pounds.
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