Could another mass exodus from London be on the cards?

With the government announcing on Saturday evening that some restrictions are to return (plan B lite) due to Omicron, new research reveals that over half of renters across the UK would move from their current town or city if their employers allowed remote working.

Related topics:  Landlords
Property Reporter
29th November 2021
Question 709

The pandemic has brought with it a whole new way of working, with many businesses now offering a hybrid model, and others ditching their offices entirely and allowing employees to work remotely full-time.

But with cases confirmed of a worrying new variant of Covid already in the UK, the threat of the government announcing a return to "working from home if you can" has returned. So, what does this mean for big cities that once drew people in for work? Do people choose London for the city itself, or is living in the capital purely based on having to be there for work? What if we could keep our jobs and work anywhere, would people still want to live in cities like London?

Research from flatshare site, SpareRoom, reveals that 49% of London renters would move out of the capital if they could still keep their job. 38% who would move out said they’d leave the country altogether and live abroad if they could still keep their job. 22% would choose to move to the countryside, while others would opt for a new city (19%) or a new town (11%). Some even said they’d choose to not settle in one place at all (10%).

It’s not just London renters who would leave their town or city - over half (51%) of those currently living in other major cities, and 62% of those not living in a major city, want to move from their current location if they could keep their job.

Matt Hutchinson, SpareRoom director, says: “The pandemic has shown that most of us can work from anywhere, opening up the opportunity for people to choose a place to live because it better suits their lifestyle, rather than their commute. What’s clear from this research is that renters are eager for a lifestyle change, with the majority wanting to make the move, whether that be from a city like London or a small seaside town, if their employers allow remote working.”

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