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First-time London homebuyers up 33%

Published Mon, Sep 15, 2014 · 04:09 AM
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[LONDON] The number of first-time London homebuyers climbed 33 per cent in the fourth quarter compared with a year earlier as a recovering economy and government assistance boosted mortgage lending.

Home-loan borrowers rose to 13,400 from 10,100 a year earlier, the Council of Mortgage Lenders said yesterday. Total mortg…

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