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Buyers are spending more on low energy label homes

Buyers are spending more on low energy label homes
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People who buy a house with a bad energy label are more likely than others to borrow more than the property is officially worth, according to new figures from the land registry office Kadaster. In the first six months of this year, almost 17% of mortgages for homes with an F or G label had a loan-to-value ratio of between 110% and 150%, the Kadaster said. But just 2% of homes with an A or B label involved mortgages of...

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