Friday, January 25, 2008
2million Britons had two homes now no home
More than two million people own a second home in Britain, official figures revealed for the first time yesterday. They show 5 per cent of the adult population have a family home and at least one other property. The figures, compiled by the Office for National Statistics, show the extraordinary wealth which is tied up in housing. But experts said they also highlight the risks homeowners face if there is a property crash.