Is London's property market about to grind to a halt?

... market became increasingly reliant on borrowed money. According to Cluttons, 74 per cent of buyers bought with a mortgage in 2012, up from 49 per cent in 2011. Perversely, the EU's rules might actually make it easier for some bankers to buy high-end ...

http://www.newstatesman.com/business/2013/04/londons-property-market-about-grind-halt