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House slump has put thousands of first-time buyers in negative equity

Friday, May 2, 2008

Recent first-time buyers have borne the brunt of the great spring slump in the property market, research reveals today. The sector seeing the biggest falls across London are one- and two-bedroom flats, typically purchased by new home owners getting a toe-hold on the property ladder.
From: www.thisislondon.co.uk

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