Northern England property sales surpass London for first time
Original Article Summary
Property sales in Northern England have exceeded London's transaction values for the first time in two decades, according to research from Savills. The total value of homes sold across the North reached £68.8 billion in the 12 months to March, surpassing London's £67.9 billion. The post Northern England property sales surpass London for first time appeared first on PropertyWire.
Investor Analysis
Northern England has surpassed London in total residential property transaction value for the first time in 20 years, with £68.8bn vs £67.9bn, driven by higher yields, affordability constraints in London, and post-pandemic demand shifts. This signals a structural reorientation of UK residential investment activity.
Investor Relevance
This is a landmark data point for buy-to-let and residential investors: it validates the northward shift in investment flow, supports higher-yield acquisition strategies in Northern regions, and signals that London assumptions around capital growth and transaction depth need reassessing — particularly for flats and prime stock affected by stamp duty and non-dom policy changes.
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