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Third of Londoners fear having to move due to housing costs

A new survey shows the extent of Londoners' fears over housing costs Credit: PA

One in three Londoners fear having to move out due to the rising cost of housing in the capital.

A new survey by the Chartered Institute of Housing found that 34% of people agree they might have to leave their local area in the future, because the cost of housing is too high.

That's compared with 20% across the rest of the country.

The survey also found that 3 in 10 people living in London are concerned about being able to pay their rent or mortgage and 36% said concerns about housing costs are causing them a great deal or a fair amount of stress.

The survey also showed that Londoners are more unhappy with their homes than the average person in Great Britain.

18% per cent say they are very or fairly dissatisfied with their home compared to just 12% across the nation.