UK house sales reached their highest level in more than two and-a-half years last month as confidence continued to return to the market, surveyors said today.
A clampdown on the lettings sector is needed to stop rogue agents turning it into "the property industry's Wild West", the Royal Institution of Chartered Surveyors (Rics) warns today.
Lenders have slashed interest on fixed rate mortgages, while the number of mortgages available to those with small deposits has also risen, new figures show.
Property professionals saw house prices fall for the first time in a year last month and expect further declines as demand weakens, according to research today.
10 August 2010
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