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London's pricey homes push more into mortgages

Sat, Sep 23, 2017 - 5:50 AM

MORE home buyers are resorting to mortgages to purchase London's most expensive houses and apartments as rising prices drag them into higher tax brackets.

Seventy-four per cent of homes costing £1 million (S$1.8 million) or more in the UK capital were bought with a mortgage in the three...

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