Demand for property has slumped as a direct result of the global crisis following the terrorist atta...
Demand for property has slumped as a direct result of the global crisis following the terrorist attacks in the US. Research from Alliance & Leicester has shown the number of UK homeowners intending to move fell from 7% before 11 September to 5% after, with London figures slumping from 12% to 7% over the same period. Geoff Mozley, head of mortgages and insurance at Alliance & Leicester, said: 'This is the first time in a year our research has pointed to a significant decline in homebuyers' confidence in the coming months. The global crisis appears to have impacted immediately, although it ...
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