High-end Exeter estate agent says 50% of purchasers from outside Devon

Jackson-Stops estate agent, Exeter

” …During the course of 2015 around 50% of the purchasers through our Exeter office came from outside the Westcountry and around 25% were from London and the Home Counties.

… Predictions going forward are always dangerous, bearing in mind that we all had thought there would be significant improvement immediately following last year’s General Election, but the conditions do appear to be still in place for a reasonably active market moving into the spring: The gap between values in London and those in the South West are greater than at any time for the last 30 years and borrowing money is cheaper than at any time since the Second World War.

Many of our local buyers are people who have moved down to this part of the world from elsewhere within the last ten years and are simply moving to a different part of the county, or perhaps “down or up-sizing” and as for those from outside the area, still there are significant numbers who realise that “Devon is heaven!”.

http://www.westernmorningnews.co.uk/50-Devon-homebuyers-outside-Devon/story-28562904-detail/story.html