{"id":1194,"date":"2025-07-07T10:16:40","date_gmt":"2025-07-07T10:16:40","guid":{"rendered":"https:\/\/second-home.uk\/?p=1194"},"modified":"2025-07-07T10:16:40","modified_gmt":"2025-07-07T10:16:40","slug":"a-third-of-central-london-homes-are-vacant","status":"publish","type":"post","link":"https:\/\/second-home.uk\/?p=1194","title":{"rendered":"A third of Central London homes are vacant"},"content":{"rendered":"<p>Some 32.9% of homes in the City of London are vacant, analysis from Compare My Move found.<\/p>\n<p>This effect has been worsened by a 27% increase in people leaving London between Q1 and Q2 2025.<\/p>\n<p>The number of empty homes points to the wealthy parking their cash in the form of the valuable real estate.\u00a0Meanwhile some sellers have been accused of asking for unrealistic prices in today\u2019s slower market.<\/p>\n<p>The City of London, Westminster, and Kensington and Chelsea each have over 25% of their properties currently unoccupied.<\/p>\n<p>Dave Sayce, co-founder and managing director of Compare My Move, said: \u201cThe property market is currently fighting back against the inflated price of central London.<\/p>\n<p>\u201cNot only is there an increase in people choosing the rest of the UK over thecapital, but the value of properties in these areas is dropping significantly. The emptiest borough, the City of London, has seen the average price of its property drop 36% since 2018.<\/p>\n<p>\u201cUnless prices drop significantly, these homes are not viable for the average person to buy. Meaning London is going to stay a ghost town until we see a drastic change.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some 32.9% of homes in the City of London are vacant, analysis from Compare My Move found. This effect has been worsened by a 27% increase in people leaving London between Q1 and Q2 2025. The number of empty homes points to the wealthy parking their cash in the form of the valuable real estate.\u00a0Meanwhile [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1195,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-second-home"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A third of Central London homes are vacant - Second Home<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertywire.com\/news\/a-third-of-central-london-homes-are-vacant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A third of Central London homes are vacant - Second Home\" \/>\n<meta property=\"og:description\" content=\"Some 32.9% of homes in the City of London are vacant, analysis from Compare My Move found. This effect has been worsened by a 27% increase in people leaving London between Q1 and Q2 2025. The number of empty homes points to the wealthy parking their cash in the form of the valuable real estate.\u00a0Meanwhile [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertywire.com\/news\/a-third-of-central-london-homes-are-vacant\/\" \/>\n<meta property=\"og:site_name\" content=\"Second Home\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-07T10:16:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/second-home.uk\/wp-content\/uploads\/2025\/07\/shutterstock_2100252982.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/a-third-of-central-london-homes-are-vacant\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/second-home.uk\\\/?p=1194\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/second-home.uk\\\/#\\\/schema\\\/person\\\/4d1b4955add7c14742a3be9aaae12292\"},\"headline\":\"A third of Central London homes are vacant\",\"datePublished\":\"2025-07-07T10:16:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/second-home.uk\\\/?p=1194\"},\"wordCount\":192,\"image\":{\"@id\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/a-third-of-central-london-homes-are-vacant\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/second-home.uk\\\/wp-content\\\/uploads\\\/2025\\\/07\\\/shutterstock_2100252982.jpg\",\"articleSection\":[\"Second Home\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/second-home.uk\\\/?p=1194\",\"url\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/a-third-of-central-london-homes-are-vacant\\\/\",\"name\":\"A third of Central London homes are vacant - 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