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New fund to help UK areas hit by 2nd-home ownership

Saturday, December 24, 2016 - 05:50

London

BRITAIN set up a new annual £60 million (S$106 million) fund on Friday to help build more homes in areas hit by high levels of second-home ownership, paid for by a levy introduced in April on the purchase of additional homes.

Britons buying holiday homes and pushing up house

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