Tuesday, 27 November 2012

First time buyers boost

Wow for the first time in over three years some good news of the housing market. I know it is only London figures but its good news that ten thousand morgages were granted in London. 10:000 first-time buyers took out mortgages on properties in London from July to September. Figures for the UK as a whole were up showing despite higher deposits and lower average loan-to-values (LTVs) people are rebelling against high rents and once again entering the housing market.

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