Half of Londoners wanting to move home, want to move out of London

Half of Londoners wanting to move home, want to move out of London

London

The London Assembly Housing Committee has published results from its new housing survey, which looked into Londoners’ housing situations and attitudes to their homes as a result of COVID-19.

The survey had a number of findings:

• One in seven Londoners (14 per cent) want to leave the city as a result of the COVID-19 pandemic.
• A third of Londoners (33 per cent) want to move to a new home.
• Of those that wanted to move: 46 per cent want the home to be out of London and 43 per cent want to remain in the city.
• Of those that wanted to move, when asked about the likelihood of moving within 12 months, around three quarters will definitely, probably or possibly move (30 per cent, 24 per cent and 19 per cent respectively).
• Financial uncertainty, the cost of moving and the location of work are the biggest reasons for not being able to move home.
• Your own private space (garden or balcony) and the proximity of parks have become important factors for Londoners when thinking about their living situation as a result of the pandemic.

Murad Qureshi AM, Chair of the Housing Committee, said:

“Almost a half of Londoners, who want to move home as a result of covid, want to move out of the city. If this exodus from London actually materialises, this could have a huge impact on the city, the economy and the housing market. Fewer people could mean less overcrowding and a more pleasant living and working environment for Londoners, but there are also serious concerns as to what an exodus would mean for local neighbourhoods and communities and London’s economy as a whole.

“A significant proportion of Londoners want to move home generally, as the pandemic has made a lot of people re-evaluate their living situation and what they see as a priority. People have the right to live in a home that has a decent amount of living and now more than ever, working space, yet these survey results tell us that gardens and parks are a major priority for people when they are considering where they live. The Mayor should take note of that and make sure that when it comes to new housing developments for Londoners, access to green space is placed towards the top of plans.”

Half of Londoners wanting to move home, want to move out of London

We use our own and third-party cookies to enable and improve your browsing experience on our website. If you go on surfing, we will consider you accepting its use.