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 Demand for global distressed property rises in Q4 2011

Demand for distressed property is rising in more countries than it was previously, according to the results of the latest RICS Global Distressed Property Monitor.
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 Growing numbers of exaggerated home claims in 2011

Research carried out by the company on an annual basis suggests that the number of those exaggerating a claim has jumped by around 17% (year on year) with an estimated 200,000 consumers in the last year adding an average of £607 to their claim.
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 UK housing value soars by £1.8 trillion in past decade

New research from Halifax shows that the value of the UK’s private housing stock rose by £1.8 trillion (84%) in the decade to 2011.
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 £20 million for safety net against repossession

Housing Minister Grant Shapps has announced a new £20 million safety net to help ensure that mortgage repossession remains the last resort for struggling homeowners.
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New research from Bank of Scotland shows that the value of private housing stock north of the border rose by £149 billion (or 131%) in the decade to 2011, more than anywhere else in the UK.


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