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April 09, 2008

The rental market is increasing

Nicholas Leeming, major client director of propertyfinder.com, commented on the CML buy-to-let figures and the escalating demand for private rented homes:

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March 26, 2007

18% Rise in Rental Prices Causes Bidding War

London house hunters are being drawn in to bidding wars on rental properties as a result of an 18% increase over the past 12 months. A shortage of one bedroom flats and good quality instructions means that some properties are being let within hours.

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