Lloyds  

First-time buyers in London pay double to buy home

"For some would be homeowners, venturing out of the capital will be an option however until better infrastructure is put into place and equal employment opportunities exist outside the area, many will still see it a necessity to remain. 

"This in turn will maintain demand, with many FTBs continuing to seek high loan to income ratios and likely see the bank of Mum and Dad a source of assistance for many years to come.”   

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