Tenants kicked out in the run-up to London Olympics

In the run –up to the London Olympics, to be held from July 27, trends of tenant evictions are reported. It has been reported that the landlords are asking the tenants to leave their houses so that they can rent it the tourists who’ll be coming to see the games. For this, the tenants are usually illegally evicted by giving them no notice or a lesser time or else they are being made to sign a clause that for the particular time period, the tenants shall have to make some other arrangement and they can come back and stay after the Olympics. The ...

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Leasing your house is a better choice than selling

"Buying a house in London Costs a fortune" is as true as another statement which is "Selling a house in London is what fools do!"Why sell a property for just £400,000 to £600,000 when the same property will generate for you the annual revenue of £18,000 to £21,000 for as many years you want to and the property is still owned by you!Most people would think that leasing their property is a headache and as a result they are inclined to sell their properties instead of the profitable leasing, are you one of them? Well then you've got the wrong...

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Rent costs rose in January

In a report released by the LSL Property, London, claimed an average rise in rent by 0.1% in January.  As a result the, the rent inflation rose to 4.3% from 4% in December.Looking at the regional changes in the rent rates, it was observed that West Midlands and South West areas registered the highest rate change in rate at a monthly basis to 1.8% and 1.5% respectively. However, rents fell in four regions. The biggest declines were in the East of England and Wales, where they fell by 1.7% and 1.5%.The largest annual increases were in...

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The use of internet for housing and real estate

The advent of internet has definitely made the real estate industry flourish. Known as the Internet Real Estate, the medium has allowed the online promotion of real estate.  The medium provides real estate companies to come up with their big property portals which are a sort of online inventory of information on homes to buy and let. Not only that, there are many websites, which bring listings together from lots of sites to one convenient place.  These sites also help you find a job once you’ve settled. These websites also provide...

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