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"A dramatic surge in mortgage lending today sparked fresh fears about a dangerous house price bubble in London.
"Banks and building societies advanced home loans worth £16.6 billion last month, up 29 per cent on last year and the biggest rise for seven years.
"... Mark Field, Conservative MP for the Cities of London and Westminster, said:
"The London market has never really been in the doldrums. The danger here is that affordability of property prices becomes ever more a fantasy for more and more people."
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