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Evening Standard
Evening Standard
Business
Greg Pitcher

Mortgage-free and not moving: the London boroughs where outright home ownership has soared

London Housing Market Office for National Statistics

A rampant rise in outright home ownership across London in the past decade is making it ever harder for average buyers to get on the housing ladder, analysts have warned.

Almost 250,000 more residential properties in the capital were occupied by people not reliant on mortgages or rent in 2021 than in 2012, research by estate agent Benham and Reeves revealed.

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