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27.10.25 - 01:12
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Private rent in Britain now swallows 44% of the average wage (The Guardian)
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Monthly cost jumps to record £1,385 outside London, and £2,736 in the capital, with hotspots showing hefty rises Average private rents in Great Britain have climbed to record highs, with the amount tenants are being asked to pay in some hotspots rising more than 25% in a year, data shows.The typical advertised private rent outside London for properties coming on to the market rose to a record £1,385 a calendar month in the third quarter of this year, according to the property website Rightmove. Continue reading......
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20.10.25 - 01:18
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Housing market slows amid fears Reeves will increase property taxes (The Guardian)
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Post-summer bounce in activity fails to materialise as buyers and sellers, in the south especially, opt to 'wait and see'The UK's housing market is showing signs of slowing down amid speculation that Rachel Reeves could announce tax increases on property in next month's budget.In a sign of growing caution among house hunters, figures from Rightmove showed that both the number of new buyers contacting estate agents about homes for sale, and the number of new sellers coming to market, slumped by 5% in September compared with the same month a year earlier. Continue reading......
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