Fri, 23 February 2018
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Thu, 08 February 2018 18:00:58

Manchester is the Promised Land for the increasing London exodus

The Capital is pricing out the working residents: Nicks Removals Comments

Londoners are moving out of the capital like never before, spreading themselves out across the UK with Manchester being one of the biggest recipients. Nicks removals have had a steady increase in people moving to Manchester from London over the past ten years. Other popular destinations include Birmingham, Brighton with the Home Counties being the biggest recipient. This coincides with recent studies showing a ten year high in residents leaving London.

The reason for the departure can possibly be placed at the feet of the property market with incredibly expensive housing. Lots of young professionals can no longer afford the lifestyles that they desire and want. Financially challenged councils are also transferring homeless families out of London. The movement is even creating social tensions with newcomers branded “DFLs – down from London”.

At present the average London house price is around £482,000, while the average house price across the rest of the UK is £233,000, For the same cost of a house share with one room in Camden you could rent a two-bed property in a Manchester suburb or a city centre apartment with onsite gym and concierge. As a result it is clear there is a massive difference and the effect it must be having on standards of living is a deciding factor.

A representative of one of Manchester’s leading removal companies with great experience of moving clients between London and the North speaks to clients on a daily basis. Nick Willis from Nicks Removals says “Lots of clients say London is just not worth the hassle, house prices coupled with the cost of living is making for a very stressed lifestyle. Anyone considering leaving London for quieter more relaxed pastures can rest Nicks Removals can take care of all your removals needs with good old Northern welcome. 

 

Link to Source:
http://www.datsyn.com/press-release/32363/2018/02/08/Manchester-is-the-Promised-Land-for-the-increasing-London-exodus

 

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