First-time buyers could leave South East behind

House for sale Credit: Rebekah Downes/PA Wire/Press Association Images

Futurehouse prices in the South East over the next five years could push would-bebuyers out of the region and cause a brain drain, says new research.

More than half of first time buyers who feel they can't afford to buy in the next five years say they would be happy to relocate out of the South East to buy their first property, according to a survey done by property consultant Cluttons.