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the obligations to repair and maintain the property, under the Landlord and Tenant Act 1985 (c. 70). In general, people renting homes or real property may agree with a landlord to any contract terms they like, but some rights and duties are made compulsory. Historically, the United Kingdom sought to ensure fair rents, prevent evictions without ...
The gap between average income and average housing prices changed between 1985 and 2015 from twice an average salary to up to six times average income. Median house prices in London the median house now cost up to 12 times the median London salary. In 1995, the median house price was £83,000, 4.4 times the median income.
After adjusting for inflation, the average cost of a home increased by a factor of 3.4 between 1950 and 2012. [58] In September 2015 the average house price was £286,000, and affordability of housing as measured by price to earnings ratio was 5.3. [59] The UK's home dwelling cost per type in July 2018 was on average: [60] Detached: £378,473
The history of rent control in England and Wales is a part of English land law concerning the development of rent regulation in England and Wales.Controlling the prices that landlords could make their tenants pay formed the main element of rent regulation, and was in place from 1915 until its abolition (excluding some council houses) by the Housing Act 1988.
Refurbishment began in April 2020, whilst Johnson was hospitalised with COVID-19. [4] The Prime Minister receives an annual allowance of £30,000 to maintain and furnish his private residence above 11 Downing Street. Any expenses above this amount must be covered by the Prime Minister himself. [5] Johnson's renovations in 2020 cost £112,549. [6]
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Home or residential renovation is an almost $300 billion industry in the United States, [5] and a $48 billion industry in Canada. [6] [full citation needed] The average cost per project is $3,000 in the United States and $11,000–15,000 in Canada. Professional home improvement is ancient and goes back to the beginning of recorded civilization.
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