Smallest Number of Londoners Moving House Since 1991: Man and Van Comments
CML has stated that home-movers in London took out only 32,400 loans in 2016, which is 10% less than those in 2015 and the lowest number since the recession of 1991. Not only this, but the number of first-time buyers requiring loans also saw a 5% drop when compared to the previous year.
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