Young professionals attracted by the bright lights of south west London
When it comes to putting down roots, south west London holds the biggest allure for aspiring young professionals. The latest research from Lloyds TSB reveals Fulham is the leading property hotspot for career minded young adults.
Suren Thiru, Housing Economist at Lloyds TSB, said:
"The typical profile of young professionals is that they tend to have university qualifications, are in well paid occupations and like to take full advantage of living in or close to the city, either for work or leisure purposes. Our analysis certainly suggests this to be the case with Fulham as the leading hot spot for young aspiring urbanites.
"Outside London the areas most popular with this segment of the population also tend to fit the profile. In the majority of cases, young buyers have to pay a significant premium for a property to live in these areas compared with living in other parts of the city."