Number of UK property millionaires breaks 300,000

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Burgeoning demand for top-end houses created more than 47,000 new property millionaires in the UK in 2012, taking the total number to 300,142, according to property website Zoopla.co.uk.

Zoopla attributed the growth to demand from equity-rich buyers looking to purchase prime property, predominantly in London and the South East. According to its figures, 64% of the UK's property millionaires...

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