This Week In Property, November 10th – November 14th, 2014

THIS WEEK IN PROPERTY November 10th - 14th, 2014 Monday Value Of British Property Owned By Landlords Set To Break £1 Trillion Mark In 2015 The inaugural Buy to let Britain report from Kent Reliance shows that the total value of property in the private rented sector has now reached £930.7 billion, climbing by £109.5 billion in the last year alone, a rise of 13.3 %. Tuesday Home Lending In UK Reaches Highest Quarterly Level For Seven Years Lending for home buying in the UK has reached its highest quarterly level since 2007, according to the latest data from the Council of Mortgage Lenders (CML). Wednesday Pay Growth Beats Inflation As Jobless Total Falls Growth in average pay for UK workers overtook inflation for the first time in five years, according to data from the Office for National Statistics. Wages excluding bonuses rose by 1.3% in the year to September, beating the 1.2% Consumer Prices Index inflation rate. Thursday For UK dlords Can Expect Speedier Eviction Rogue Tenants A new service launched by the UK Government enables landlords to start the process of evicting tenants using the Section 21 accelerated possession procedure by filling out an online form. RENTAL AGREEMENT Friday Low Interest Rates Helping To Keep Repossessions And Mortgage Arrears Down Some 60% of mortgage holders in the UK anticipate that they will be in the same financial position or better in three years' time even though the majority expect interest rates to rise. 田 。 田 APPROVED Mortgage Application Form cation Fomin to do o AROCKCAPITN House Buy Fast Sources The UK's Quick House Buying Company http://www.propertywire.com/ http://www.bbc.co.uk/ f /HouseBuyFast AS SEEN ON itv @HouseBuyFast House Buy Fast The Quick House Buying Company 8+ +HouseBuyFastWorthing https://housebuyfast.co.uk