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Homes shortage to push prices up 21.3%, says NHF

A chronic under-supply of homes is plunging the housing market into crisis, the National Housing Federation has warned.

An NHF study predicts home ownership in England will fall to 63.8% during the next decade the lowest level since the mid-1980s.

It says a scarcity of properties will result in steep price rises in the private rental sector, huge social housing waiting lists and a housing price boom.

NHF forecasts the average house price in England will increase 21.3% in the next five years, from £214,647 in 2011 to £260,304 in 2016.

Average monthly rents are predicted to rise 19.8% during the next five years, from an average of £486 in 2011 to £582 in 2016.



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What attendees thought of the LendInvest Property Development Academy

LendInvest ran its first Property Development Academy in London last month. Attendees from all over the UK gathered to learn how to better equip themselves with the skills they need to grow their property development portfolios. Speakers from CBRE, Gleeds, Arcadis, Gowling, Residential Edge and AZ Urban Studio gave their insights into their respective fields […]


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