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Jobs boom pushes serious rent arrears down 4%

Fewer tenants are falling into serious rent arrears thanks to the improving employment market, according to letting agents Your Move and Reeds Rains. In absolute terms, just 86,200 tenants across the UK are more than two months behind in their rent. This compares to 89,300 in the previous...
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UK housing market dips for first time in 12 months

Interest from UK house buyers has dropped for the first time since March 2015, as uncertainty continues to affect the market, according to the latest RICS UK Residential Market Survey.  Following the buy-to-let rush that preceded the 1 April tax rise deadline, and with continued uncertainty caused by...
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Cash is king in prime property purchases

Buy-to-let investors and second-home owners were behind three in five property purchases made in Prime London during Q1 2016, boosting the proportion of purchases made in cash, according to estate agent Marsh & Parsons’ latest London Property Monitor.  Accounting for 36% of all sales from January to March,...
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Housing Bill should also include rogue tenants list, says AIIC

The Housing and Planning Bill, which includes measures to tackle criminal landlords and letting agents, should also address the issue of problem tenants, according to the Association of Independent Inventory Clerks (AIIC). Included in the Bill are proposals to ban and fine criminal landlords and letting agents, introduce...
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House prices increase £18,000 in 2015

Average house prices in England and Wales grew 6.6% in 2015, up £17,963 since December 2014 to reach £292,077 according to Reeds Rains and Your Move. Property values in Central London fell by 8.7% on average during 2015, dragged down by higher Stamp Duty.
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House prices warm in September

September house price data from The Land Registry shows an annual price increase of 5.3 per cent which takes the average property value in England and Wales to £186,553. Monthly house prices are up 1.0 per cent since August 2015.
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