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Source: Common Domain

London Leads U.K. in Buy-to-Let Cash Purchases With a 15% Increase

Tuesday 22:44 GMT

While the number of landlord cash buyers dropped 1% year-over-year across the U.K., cash purchases in London rose 15%, according to the Hamptons International monthly lettings index.

Hamptons International data show that in 2018, landlords in the east region of the U.K. made the most purchases with a mortgage, 54%, while northern landlords were most likely to buy with cash, making up 63% of purchases.

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