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Demand for houses rises at fastest rate for over a year

The RICS say buyers want to see what's available before Christmas Credit: Chris Ison/PA Wire/Press Association Images

Demand for houses in the South West rose at its fastest rate since summer last year, according to a survey by the Royal Institute of Chartered Surveyors.

Despite this, prices continued to fall, although the RICS said the amount of homes coming onto the market also improved.

South West bucks trend as rental rates fall

Rental rates in the South West have fallen this year Credit: John Giles/PA Wire

Whilst rent in the private housing sector reached another new high last month, the South West has bucked the trend, with rates dropping by 1.5% annually.

Demand for rental homes has rocketed in the last year as people struggle to get on the property ladder because they cannot raise a deposit or meet lenders' toughened borrowing criteria.

Although rents increased by 3.2% nationally to an average of £741pcm, rates in the South West fell to an average of £638.

The findings come a day after the Money Advice Trust announced that a record 12,000 tenants were struggling with arrears had contacted its national debtline this year - the biggest number in its 26-year history.

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Council to challenge housing plans near Cornish village

A parish council has been granted the right to mount a High Court challenge to plans for a controversial housing development near a quiet Cornish village.

Lanner Parish Council says the 25-home affordable housing development on land close to the village, near Redruth, goes against published planning policy.

"It is not for me to decide whether, in the end, it succeeds, but it is clearly arguable that there has been a failure to appreciate that this is outside the policy and thus there would be a positive requirement to explain why, in those circumstances, notwithstanding it is contrary to the policy, it is appropriate to grant permission.

– Mr Justice Collins

The judicial review challenge is likely to go before the High Court in the autumn.

Plymouth residents share memories as estate is rebuilt

Residents old and new from Plymouth's North Prospect Estate have been sharing their memories of living there. The reunion comes as much of the estate is being rebuilt in a ten year regeneration programme.

Residents reunite as North Prospect Estate rebuilt Credit: ITV Westcountry

Many of the streets now resemble a ghost town as more and more residents have been relocated ahead of demolition.

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Residents: 'There has to be a limit to growth'

Residents are unhappy at plans to build thousands of homes in and around Yeovil. Residents opposed to the plans filled a council meeting today to try and get the proposals scrapped.

David Cloke, who lives in East Coker, say there is little support for the plans that could see homes built in the historic village.

Discussions by South Somerset District Council could go into tomorrow before a decision is reached.

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