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House prices stagnated in June, rising only 0.1 per cent according to the latest figures released by Nationwide Building Society this week. This will go some way in supporting industry speculation that the housing market recovery is flagging.
Elsewhere, research conducted by easyroommate.co.uk discovered that UK tenants face the highest rents in western Europe, with the average amount paid by a tenant for a room in a shared house being £348 per month. The group blamed the high cost of renting a room on the lack of mortgage finance currently available, which it said was forcing potential first-time buyers to continue renting.
And finally, what is the one thing we look for in a new home - a large kitchen, front and rear gardens, an en suite bathroom?...Apparently not. According to research, 83 per cent of UK residents have their views damaged by light pollution, meaning a dark sky is one of the latest must-haves. Enlightening!
House price growth stalled during June as the number of homes on the market continued to increase.
Daily Mail, 30/06/2010
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The average cost of owning and running a property in the UK has fallen by 6% over the past two years, largely due to cheaper mortgages, according to research.
Property Wire, 28/06/10
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Housing benefit claimants living in luxury at vast cost to the taxpayer aren't the only losers of the Budget - so are the landlords, unable to find corporate tenants, who were happy to let to such tenants.
Daily Mail, 28/06/2010
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Activity in the housing market failed to pick up during May with the number of mortgages approved for house purchase remaining broadly unchanged, figures showed today.
The Guardian, 29/06/10
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UK tenants face the highest rents in western Europe, research showed today.
The Independent, 28/06/10
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A new property survey reveals how much we will pay to live on a hill - and it's the height of stupidity, says Max Davidson.
Daily Telegraph, 30/06/10
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A truly dark sky is the latest must-have for home buyers, says Graham Norwood.
Daily Telegraph, 29/06/10
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