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Private landlords in East Anglia have particular reason to bemoan the current state of the property market, the findings of a new report suggest.The latest edition of the Nationwide House Price Index showed that the region experienced the largest rate of decline in residential property values in Eng
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Landlords in Goole have been warned that a clampdown on unlicensed houses in multiple occupation (HMOs) is imminent.A national mandatory licensing scheme for some HMOs was introduced in 2006, as part of efforts to ensure that such properties are safe for tenants.East Riding of Yorkshire council has
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Private landlords have been advised to play safe and purchase rent protection insurance.Michael Portman, managing director of Let Insurance Services, warned landlords to take out the cover even if they believe they have a good tenant.He said that even when tenant credit checks are made successfully,
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Private landlords need to have a realistic approach to rents, an expert has said.Carter Brown, partner of Torbay Property Management, told the Herald Express that rental numbers in the region have increased.He said that landlords need to "remain realistic about rents" in order to stay aflo
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The Bank of England's monetary policy committee (MPC) will reduce the base rate even further this week, it has been predicted.Howard Archer, chief European and UK economist with IHS Global Insight, anticipates a reduction of 75 basis points, taking the figure from two per cent to 1.25 per cent.Mr Ar
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This year could be a particularly positive one for buy-to-let investors as a number of property bargains begin to appear on the market, an expert has said.Yolande Barnes, head of residential research at Savills estate agents, told the Yorkshire Post that the trend for falling house prices in 2008 is
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House prices in the UK are at their most affordable for first-time buyers for more than five years, new figures suggest.According to a survey by Halifax, the house price to earnings ratio has fallen from a peak of 5.84 in July of 2007 to 4.56 in November 2008.The review showed that the proportion of
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The UK property market will "be spurred on again" in the spring of this year, an expert has declared.According to Luke Bennett, founder and managing director at SW19, prices are likely to begin to recover as people change their perceptions of where they want to live in 2009.He said that ev
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