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Are renters moving back to the city?

The COVID outbreak in 2020 triggered a widespread trend as renters and homeowners across the nation chose to move away from city life in preference of larger homes surrounded by more outside space.

The move was encouraged even more by the (still growing) work from home flexibility being offered by most companies, giving employees the freedom to choose places to live that are further away from their offices.

But is this still the case?

A Rightmove report in May this year stated that they had seen a 50% increase in home movers looking to move back into Britain’s busiest cities.

So it would seem that many movers regret their decision to move further out. The main reasons for relocating  include missing family and friends, being further away from leisure and sporting amenities, feeling disconnected and craving the social life that the city brings.