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First-time buyers flying through the Prime London property market

First-time buyers are almost neck-and-neck with investors in the Prime London property market, according to estate agent Marsh & Parsons’ latest London Property Monitor.  While investors continue to account for the majority of house purchases made across Prime London, this margin has narrowed significantly after a huge spike...
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6% more first-time buyers in London

New CML data on the characteristics of lending in Greater London in the third quarter of 2014 show the market grew in both house purchase and remortgage activity compared to the previous quarter. First-time buyer loans totalled 13,300 in the third quarter in London – 8% up on...
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First time buyers helped by parents with £23k each

UK parents give an average of £23,000 when helping their children with a deposit to get onto the property ladder, according to research from Shelter. Highlighting the increasing strain on the Bank of Mum and Dad, the same poll also found that a fifth of parents helping their children...
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