Rightmove, the online property portal, has reported that London has had the smallest annual gain in house prices for any UK region, an increase of just 0.8%, compared to a 10% in East Anglia and 11% in the south west of England.
Londoners with large cash deposits who no longer need to frequently commute are a driving force behind the trend. They're leaving the capital for more space and a cheaper cost of living the surrounding regions.
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