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One in four tenants vote Labour

As the UK prepares to vote for its new government on Thursday 7th May, housing has become an increasingly key topic for the general election.  With 8.5 million tenants in the UK, the expanding private rented sector is set to be a major factor in the final count. Who, though, would tenants vote for? A […]

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UK house prices record highest monthly increase since June

London, where only 43 properties are affordable enough for an average family buying their first home UK house prices have risen by the highest monthly amount since June 2014, according to Nationwide. The lender’s new house price index shows that house prices edged up 1 per cent in April 2015 compared to March 2015, a

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Labour letting proposals popular with tenants but not with landlords

    Labour has announced a new wave of proposals for the UK’s growing private rented sector. With under two weeks to go until May’s general election, they are set to prove popular with tenants, but landlords are notably less keen.   There are 11 million people – including 1.5 million families with children –

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Spanish property still overvalued

Spanish property is still overvalued, according to study by the OCU. The Spanish Consumers’ Association’s report carried out its research for a buy-to-let study, comparing prices and rents for four cities: Madrid, Barcelona, Seville and Valencia. “Despite accumulated property prices drops since 2008, the vast majority of areas studied still offer poor rental returns,” concludes

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Election nerves hit UK housing market

Uncertainty surrounding the upcoming general election has hit the UK housing market. Research earlier this year from broker Jefferies found that on average sales slow down in the four months immediately preceding elections. Now, a growing range of indices suggest that pre-voting jitters have struck in the run-up to May’s vote. Mortgage lending in the

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Turkish property sales soar 28pc

Foreign sales of Turkish property have soared 28 per cent in the past year, according to new figures. Official data from the Turkish Statistical Institute shows that sales in February reached 95,021, up 15 per cent year-on-year. The number of purchases made by overseas buyers in February 2015 climbed to 1,369, up 28 per cent

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Middle East interest rises in Brazilian property

Middle Eastern interest in Brazilian property is rising, as the country’s real estate become Shariah-compliant for the first time. Shariah compliance is founded on the principle of “social justice” where companies are required to adhere to Islamic laws, which include prohibition of liquor, pork and vice, as well as fair and responsible trading practices. Earlier

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