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Real Estate Briefing - Categorized | Investment, Market Moves more

UK: Rent or buy? The property pendulum swings again

Posted on 24 November 2010

From Citywire.co.uk: New research shows it is cheaper to buy a property than rent in 80% of towns and cities due to falling house prices and rising rents.
Rents have been rising steadily, hitting an average this month of nearly £700 a month according to figures from property services company LSL, which owns the UK’s largest lettings agency network. Rents are now 4.5% higher than a year ago and demand remains strong……………………………………….Full Article: Source

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