The latest monthly lettings index from Countrywide has revealed that a record 65,000 tenants left London over the last 12 months. During the past year, 64,672 tenants left London – the highest number since 2007. 78% (50,406) left to rent another home outside the capital with the remaining 22% (14,266) leaving to buy a home. According to Countrywide, this is a significant shift from a decade ago when the majority of tenants moving out of the capital did so to buy a property. “For people in their 30s leaving London is something of a rite of passage,” commented Johnny Morris, research director at Countrywide. “But, as the number of those renting has grown, the move out […]