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Unattended electrical items pose fire risk


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23 Oct 2013

21 million people in the UK leave their washing machine on while they are out of the house, despite it posing a serious fire risk, new research suggests.

The study by a leading insurer found that 42% of households leave their washing machine on permanently, while 31% of people also leave their phone charger plugged in....

Buy-to-let mortgage market booming


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4 Oct 2013

The latest figures from the Council of Mortgage Lenders show strong growth in the buy-to-let market.

15,200 BTL loans were advanced in July, an increase of 12% compared to June. This represents a value of £2bn which was 11% higher than in June.

Lending for BTL house purchase was up 7% in July compared to June, a total of 7,600 loans. The value of these loans was £900m, up 13% from June....

Mobile phone and tablets LED screens ‘damage’ eye sight


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25 Sep 2013

Millions of young people are putting their eyesight at risk by using the latest smart phones and tablets, a study suggests.

They are being endangered by radiation from device's LED displays, a group of Spanish researchers claim.

LED screens allegedly stops up to 99% of cells doing their jobs effectively, while increasing cell death by up to 89%....

Home loans to first-time buyers soar


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23 Sep 2013

Lending to first-time buyers soared by almost a third in the year to June, according to official figures published on Tuesday which comes amid fears of a new housing bubble.

The Bank of England and Financial Conduct Authority said loans made to first-time buyers had risen by £1.9bn to £8bn in the past 12 months – a rise of 31%....

Property prices up by an average of £20,000 in 2013


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13 Sep 2013

The average asking price of a home in England and Wales has risen by around £20,000 since the beginning of the year, according to the Rightmove House Price Index.

The index now puts the typical home on the market at almost £250,000, which represents an 8.8% increase since the beginning of the year.

Asking prices apartments and flats hit a new record high in August, this is due to the increased demand for this type of property from first-time buyers and buy-to-let landlords.  ...