Londoners Driven From Capital as Home Prices Remain Out of Reach

Londoners are buying more homes outside the capital as prices remain too high, even after the end of a decade-long housing boom.

In the first half, Londoners bought more than 30,000 homes outside the city, a 16 percent rise from a year ago and 61 percent more than in the same period a decade earlier, according to research by Hamptons International. Nearly 40 percent of leavers relocated to the south east of England, followed by 30 percent who moved to the east of the country.