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Evening Standard
Evening Standard
Business
Anna White

Home buyers target flats over houses in these top London and commuter towns

Young buyers desperate to get on the ladder are returning to the starter flat

(Picture: Shutterstock / ZGPhotography)

The pandemic property trend of movers upsizing into family-sized houses has sharply reversed in the face of record levels of inflation and soaring interest rates.

A new report by Zoopla, published this morning, reveals that buyers are flat-hunting again due to higher borrowing costs with a surge of demand for apartments in east London and the commuter towns.

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