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UK: Premium property sales plunge!

Posted on 26 November 2012

High end estate agents and mortgage brokers in London’s post postcodes have seen their business bruised by a drop in sales of £1m-plus properties. The number of home sales worth at least a million pounds across Great Britain has declined to its lowest level since 2009, according to new research by Lloyds TSB.
There were just 3,043 £1m-plus property sales in the first half of 2012, says the lender. This is the smallest total since the first half of 2009 and a significant 11% lower than in the same period in 2011………………………………………..Full Article: Source


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