In June, the UK property industry received its fourth Housing Minister since the start of 2008 - the ninth person to hold the position in twelve years of Labour Government.
One third of landlords will not sell their investments because of falling house prices according to latest data from the Association of Residential Letting Agents (ARLA).
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Continued uncertainty in the housing market saw net approvals by building societies in August remain low at £2.8 billion, a 31% decline compared to August 2007 as buyers continue to remain away from the market.
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Nearly 700,000 people are now stuck on waiting lists for an affordable home in rural England – the National Housing Federation and Campaign to Protect Rural England has warned.
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Across the UK, houses are selling at an average of nine percent below the asking price with sellers in some regions being forced to accept as much as 12.5 percent discount off their advertised price according to the Royal Institute of Chartered Surveyors (RICS).
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