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Latest property news from Truuli

Sky News Reports UK is facing five housing crises at once

Sky News research suggests government plans to build hundreds of thousands of new homes is unlikely to solve the housing crisis. The UK is facing not one but five concurrent mini housing crises – each with dramatically different consequences and solutions, research from Sky News finds They are: :: A supply crisis: The traditional housing crisis most often referred to by politicians, with not enough homes to fill the demand ::

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The Responsible Gas Safe Renting Guide

Badly fitted and poorly serviced gas appliances can cause gas leaks, fires, explosions and carbon monoxide poisoning. Every year thousands of people across the UK are diagnosed with carbon monoxide poisoning. It is a highly poisonous gas that can kill quickly with no warning, as you cannot see it, taste it or smell it.   Follow these few simple checks to keep you and your family safe. Check your Landlord’s

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Truuli behind Gas Safety Week 2018

Truuli  has pledged its support for Gas Safety Week (17th-23rd September 2018) and will be helping to raise awareness about the importance of gas safety. The eighth annual Gas Safety Week sees organisations from across the UK working together to raise awareness of the dangers of poorly maintained gas appliances, which can cause gas leaks, fires, explosions and carbon monoxide (CO) poisoning. This year, Gas Safety Week is addressing a

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Truuli are backing calls for a Property MOT in the private rented sector…

Researchers from the University of York have called for the introduction of a Property MOT, operating in a similar manner to the system for cars whereby the condition of homes are checked on an annual basis. In summary, the report states that current regulation of the sector is ‘confused and contradictory’, ‘failing at multiple levels’. The report reveals that conditions of a property worsen the longer tenants are inhabiting, with

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Should I fix my mortgage for five years?

Historically two year fixed rate mortgages have been the go to product when taking out a new mortgage or re-mortgaging. In my opinion, the main reason for this choice is historically the price difference between a two and five year fix has been wide enough to not make it worthwhile paying the extra money. Over the past couple of years in a low interest rate climate and signs that the

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Truuli - Bank of England

Has today’s interest rate increase made things difficult for aspiring homeowners?

The Bank of England’s Monetary Policy Committee has announced today that interest rates will increase by 0.25% to 0.75%, in a unanimous vote. Today’s news will be welcomed by savers in general but not for those saving to get on the property ladder as any increase in savings rates won’t bridge the gap on rising house prices. Homeowners not on fixed term mortgages will see an average rise of around

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