Monday, November 26, 2012

But low home-ownership

First-time buyers on the rise in London

London first-time buyer numbers are at a three year high, despite the highest house prices in the country. Figures from the Council of Mortgage Lenders show 10,000 first-time buyers took out a mortgage in the capital in the third quarter of 2012. But... The level of home-ownership in London is the lowest in the UK, largely due to booming property prices and big deposits.

Posted by phil @ 11:34 AM (955 views)
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