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Average London House Price Predicted to Hit Half a Million

A leading economic think tank has said that it predicts the average price of a London house will be as much as 500,000GBP by the end of 2020. For 2013, the Centre of Economics and Business Research believes that prices will hit an average in the capital of 383,000GBP. This, they believe, will come about through a slight slowing in...

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First-time Landlords - Keeping on top of Administration

When you first start to let out a property, it can be tricky staying on top of all the varied obligations. These range from tenant referencing through to payment collection and regulatory responsibilities around property safety. Tenant referencing is one of the most vital aspects of securing a high-quality let. You must ensure that your new tenant has a good...

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More turn to the 'Bank of Mum and Dad'

The latest research shows that the so-called 'bank of Mum and Dad' has doubled its average lending to a lucky number of grown children to help them escape the rental trap. The surprising figures suggest that parent-to-child mortgage loans have rocketed in the past five years, from a total of 8 billion to over 18 billion.  There is also a...

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Decorating for Sales Success

When you're preparing your house for sale, you'll come across a great deal of advice about presentation and visual impact. And certainly it's vital that you present the property to its best advantage, designed to appeal to your potential audience. However, conventional advice has generally translated into interiors being painted purely white and stripped of features and this doesn't always...

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Housing Zombie Nation

When it comes to the housing market, some market commentators are starting to use the word 'zombies' to describe an underlying problem in the economy. But what does this mean exactly? Essentially, it refers to the historically low interest rates which are effectively supporting a number of individuals who would probably not be able to make their mortgage repayments if...

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Low Rental Growth Anticipated in 2013

The rate of increase in British rents looks set to slow in 2013, as landlords invest heavily in their portfolios. Research shows that around 12pc of the original 'accidental' landlords are now planning to buy an additional property this year for investment purposes. The trend appears to be boosted by the fortunes of these landlords, who have found that renting...

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