RICS disagree with Miliband rent policy

The news will reinforce critics who say the policy will prove unsuccessful and only damage the property market, reducing the quality of properties and making landlords less likely to rent. Mr Miliband proposes making it mandatory for landlords to provide…

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The average house will cost £900,000 in 20 years

They also suggest they could reach more than £900,000 by 2034 unless a radical housebuilding programme is put in place to provide a quarter of a million homes a year. The report also predicts that over half of those aged…

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Arrears down according to LSL tracker

The number of tenants in severe arrears in the first quarter – those more than two months behind on their rent – stands at 68,000, down from 105,000 in the same period last year. Those owing more than two months’…

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Cash buyers on the rise.

It says 350,000 properties were bought outright with cash in 2013, accounting for more than a third of sales and a higher proportion than at any time since 2007 But many of these cash buyers are not freeing up other…

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