UK regions offer more property value for money

A gap is widening between London and the regions as the dynamics of the UK economy and overseas equity impacts the prime housing markets, according to research from property adviser Savills.

The prime residential market has subdivided into three increasingly distinct categories – that Yolande Barnes, head of the company’s research team is calling London’s "prime global" and "prime domestic" markets, and the "prime domestic" market outside of the capital.

Prime regional properties are offering increasing value for money.

"The key to the current disparity between London and the regions is whether equity is flowing out of London or not," Barnes said.