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	<title>House Price Spy Blog</title>
	<link>http://blog.housepricespy.com</link>
	<description>House Price and Property News and Information.</description>
	<lastBuildDate>Wed, 19 Nov 2008 13:09:27 +0000</lastBuildDate>
	<docs>http://backend.userland.com/rss092</docs>
	<language>en</language>
	
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		<title>Potential ruin for interest-only mortgage holders</title>
		<description><![CDATA[
The papers have been full of the following story: the credit crunch could ruin over 1.3 million people who have &#8216;interest-only&#8217; mortgages due to the drop in house prices. Interest-only mortgages were increasing popular in recent years, with people planning to use the projected rise in value to pay off a lump sum in the [...]]]></description>
		<link>http://blog.housepricespy.com/potential-ruin-for-interest-only-mortgage-holders.html</link>
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		<title>Save thousands on Home Improvement</title>
		<description><![CDATA[ 


Did you know&#8230;that sales for DIY products are one of the few sectors which are profitting from the current slump in the property market? It&#8217;s official, many people are having to stay put and one way to make this more managable is to sort out your decor and funishings yourself!
 Saving money on expensive [...]]]></description>
		<link>http://blog.housepricespy.com/save-thousands-on-home-improvement.html</link>
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		<title>Clearance sale for property</title>
		<description><![CDATA[
There are some startling figures that have appeared in the last week or so one of which is that in the US as many 6% of home owners have defaulted on their mortgage. This gives their new leader and uphill task before he has even started. A job for young man if there was one&#8230;this [...]]]></description>
		<link>http://blog.housepricespy.com/clearance-sale-for-property.html</link>
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		<title>Good for borrowers bad for savers</title>
		<description><![CDATA[
With the huge drop in mortgage lending rate and the pledge that this will finally be passed onto customers, this money will of course have to be found from somewhere. Many finance experts are expecting that savers will suffer a drop in the rates that they are paid for their hard earned savings. This seems [...]]]></description>
		<link>http://blog.housepricespy.com/good-for-borrowers-bad-for-savers.html</link>
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		<title>Mortgage Rate Cut to 3 Percent</title>
		<description><![CDATA[ 

The Bank of England has just announced (Today 12:00 GMT) that mortgage interest rates have been slashed by a huge 1.5% to 3%. While we all expected a cut similar to last months (0.5%), this move comes as a surprise to everyone within the finance industry.
 Gordon Brown has taken moves to ensure that [...]]]></description>
		<link>http://blog.housepricespy.com/mortgage-rate-cut-to-3-percent.html</link>
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		<title>Are house prices up or down</title>
		<description><![CDATA[
This week The Nationwide have announced an average fall in property prices of £30,000&#8230;dont know where they are getting that particular stat from! They are projecting the growth in the market at the most exagerated inflated time and saying we are now losing out on this money. The papers have been quick to pick up [...]]]></description>
		<link>http://blog.housepricespy.com/are-house-property-price-up-or-down.html</link>
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		<title>Cheap pre-pay broadband from My Internet Pass</title>
		<description><![CDATA[ 


My Internet Pass are an established internet service provider who specialise in pre pay packages and charge no setup fees. Dont be tied down to a expensive contract or pay for pricey setup fees, software or hardware. You pay up front so there are no extra charges on your phone bill and it is [...]]]></description>
		<link>http://blog.housepricespy.com/cheap-pre-pay-broadband-from-my-internet-pass.html</link>
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		<title>The 90&#8217;s vs the 21st Century</title>
		<description><![CDATA[
The current financial slump is not the first to hit the UK and it wont be the last, the last one was in the 1990&#8217;s and was partly caused by a similar situation in US savings and loans and the UK entry into closer financial union with Europe. 
 Inflation jumped to 15% for a [...]]]></description>
		<link>http://blog.housepricespy.com/the-90s-vs-the-21st-century.html</link>
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		<title>Property Stats for the last year</title>
		<description><![CDATA[
Having a look at House Price Spy for the last year its clear that certain areas of the UK have faired better than others, Wales appears to have been hit hardest with average prices down £10,000 and sales standing at just 700 for a whole year! Englands total sales have fallen from almost 100,000 to [...]]]></description>
		<link>http://blog.housepricespy.com/property-stats-for-the-last-year.html</link>
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		<title>10 Reasons to use House Price Spy</title>
		<description><![CDATA[ 
 

You can’t help but have noticed that the housing market had taken the kind of turn that usually has Ambulance sirens wailing. While many people are still braving the new economic climate by selling and buying property there are many other sound reasons why you can benefit from the free information and analysis [...]]]></description>
		<link>http://blog.housepricespy.com/10-reasons-to-use-house-price-spy.html</link>
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		<title>BBC last night</title>
		<description><![CDATA[
BBC 1 had an hour long show about the financial crisis, that started as a &#8216;credit crunch&#8217; and has seen banks and financial institutions fall like dominos starting with Northern Rock and taking in Halifax/Bank Of Scotland and Bradford &#038; Bingley. Gordon Brown came out of this show really badly, they interpolated footage of him [...]]]></description>
		<link>http://blog.housepricespy.com/bbc-last-night.html</link>
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		<title>Interest Rates Cut for UK Mortgages</title>
		<description><![CDATA[
The Interest rates for UK mortgages has been cut by 0.5% to 4.5%. This should be a good thing for getting people to enter the property market, this comes in addition to £500 billion plans to bail out UK finance. What will the UK tax payer get for their money? will they get a real [...]]]></description>
		<link>http://blog.housepricespy.com/interest-rates-cut-for-uk-mortgages.html</link>
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		<title>Get Free AOL Broadband</title>
		<description><![CDATA[ 


AOL are the largest broadband provider in the world with millions of customers in hundreds of countries. You can now get AOL Broadband  free for 1 month and pay under £5 for the next 3 months! 
 Thats right free AOL Broadband for a month and half price for the next 3 months [...]]]></description>
		<link>http://blog.housepricespy.com/get-free-aol-broadband.html</link>
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		<title>Bradford &#038; Bingley</title>
		<description><![CDATA[
The Bradford &#038; Bingley are the latest lender to have severe problems, being bought out by the UK government and Spanish group Santander (who bought the Abbey) 
 Bradford &#038; Bingley were heavily involved in the Buy To Let market lending billions in recent years. With this market being one of the hardest hit by [...]]]></description>
		<link>http://blog.housepricespy.com/bradford-bingley.html</link>
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		<title>Lenders to Raise Mortgage Rate</title>
		<description><![CDATA[
Three of the beggest mortgage lenders in the UK have raised their mortgage rates. Never reticent in passing on losses to customers the &#8216;big three&#8217; have increased their rates by around 0.35%, adding around £600 per year to the average UK mortgage. Where the &#8216;big boys&#8217; go the others will follow. 
 This comes in [...]]]></description>
		<link>http://blog.housepricespy.com/lender-to-raise-mortage-rate.html</link>
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		<title>Bradford and Bingley Buyout</title>
		<description><![CDATA[
 The big news of the last day or so was the collapse of one of the previously &#8217;safe&#8217; financial institutions in the UK, Bradford and Bingley  who have been part bought over by the UK government and partly by the Santander Group of Spain who also bought over The Abbey Group. I personally [...]]]></description>
		<link>http://blog.housepricespy.com/bradford-and-bingley-buyout.html</link>
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		<title>Fix your Energy Bills for 4 years with British Gas</title>
		<description><![CDATA[ 
 

You will have noticed your utility bills rising in the last 12 months, by 25% for Electric and up to 35% for Gas due to fuel shortage. It would be nice to take all the doubt away from where you are going to find this money from and how high the prices will [...]]]></description>
		<link>http://blog.housepricespy.com/fix-your-energy-bills-for-4-years-with-british-gas.html</link>
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		<title>Free Sky+ and £15 Online Discount</title>
		<description><![CDATA[  

Sky+ is the easy way to watch and record TV, record a digital version of your favourite shows or series with just a touch a button. No programming your DVD player or waiting just easy reliable and flexilble viewing. Get £51 off your Sky+ box and free installation  when you sign up [...]]]></description>
		<link>http://blog.housepricespy.com/free-sky-and-15-online-discount.html</link>
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		<title>The Gordon crunch</title>
		<description><![CDATA[
While US financial giant The Lehmann Brothers recent colapse wont mean much to many of us the dramatic bailing out and &#8216;closing down&#8217; sale of HBOS (Halifax Bank Of Scotland) to Lloyds TSB will have raised a few eyebrows across the finanacial world. it was only a few short years ago that Bank Of Scotland [...]]]></description>
		<link>http://blog.housepricespy.com/the-gordon-crunch.html</link>
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		<title>Crunch for Gordon Brown</title>
		<description><![CDATA[
The property market has been the main topic of discussion in the media and it does now appear the both the UK and US governments are concerned enough to put serious money into working through the slump in prices. Since my last blog, the US government has invested billions in two ailing financial institutions while [...]]]></description>
		<link>http://blog.housepricespy.com/crunch-for-gordon-brown.html</link>
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		<title>Property Swop Shop</title>
		<description><![CDATA[
I see there was a property related article on the BBC site, which had an estate agent who offered house swop where you can trade your home for another one and &#8216;match make&#8217; buyers to sellers like a property dating agency. A few months ago developers were potential housebyers to try new build houses for [...]]]></description>
		<link>http://blog.housepricespy.com/property-swop-shop.html</link>
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		<title>Stamp Duty Below £175K Abolished</title>
		<description><![CDATA[
Gordon Brown and Alistair Darling have made a move to quell the recent unrest about house prices and the apparently impending recession by giving every seller a year long boost. The previous lowest level where you paid Stamp Duty 1% Tax was £125,00, this has now been raised to £175,000. This will last for 1 [...]]]></description>
		<link>http://blog.housepricespy.com/stamp-duty-below-175k-abolished.html</link>
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		<title>House Price Spy Members Benefits</title>
		<description><![CDATA[
 When you claim your free membership of House Price Spy  you get access to millions of sold house price since 2000 in England, Scotland and Wales. Apart from that there are various other ways to gain from free membership&#8230;
 House Price Spy members benefits are as follows: 
 Email notifications when houses are [...]]]></description>
		<link>http://blog.housepricespy.com/house-price-spy-members-benefits-2.html</link>
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		<title>Property doom and gloom</title>
		<description><![CDATA[
The latest property figures have confirmed what we all know, sales are down to pre-1990 levels and desposits are up to an average of £37,000. Mortgage lending is down by 65% on figures for July 2007.
 This is not of course great for first time buyers and those on low incomes who are already on [...]]]></description>
		<link>http://blog.housepricespy.com/property-doom-and-gloom.html</link>
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		<title>Half Price Home Insurance from Norwich Union!</title>
		<description><![CDATA[ 

House Price Spy will occasionally bring you  relevant offers from property related stores and services. This is to aid us in bringing you free house prices. This week we bring you Norwich Union home Insurance  who have famously high quality cover and some great deals when you buy online. 
 Save up [...]]]></description>
		<link>http://blog.housepricespy.com/half-price-home-insurance-from-norwich-union.html</link>
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		<title>Scots house prices go up!</title>
		<description><![CDATA[
I saw an article in the papers today saying Scottish leader Alex Salmond claimed that Scottish house prices were up and some from a leading estate agents counter-claiming that they had gone down, from the figures we have it&#8217;s quite conclusive that they HAVE gone up. Number of sales is of course way down on [...]]]></description>
		<link>http://blog.housepricespy.com/scots-house-pricetices-go-up.html</link>
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		<title>Your Questions About House Price Spy</title>
		<description><![CDATA[
Some questions you may ask about House Price Spy, and the free service we offer in general.
 Why do you only have data from 2000? The Land Registry system was only set up to format data and release it that way from the year 2000. We may be able to get earlier data but this [...]]]></description>
		<link>http://blog.housepricespy.com/your-questions-about-house-price-spy.html</link>
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		<title>Further Improvements to House Price Spy</title>
		<description><![CDATA[
House Price Spy V2 has had even more improvements in the last few days, with new and updated pages and features added. We have added updated version of pages from the old site plus a few new pages that are brand new to the new version of the site. 
 The following pages and features [...]]]></description>
		<link>http://blog.housepricespy.com/further-improvements-to-house-price-spy.html</link>
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		<title>New functions for House Price Spy</title>
		<description><![CDATA[
As mentioned in a previous blog,  House Price Spy has been totally rethought and expanded with a contemporary new look and we have taken the opportunity to add new features and functions. 
 While you can see most of the changes in terms of navigation and cosmetics I think it would be good to [...]]]></description>
		<link>http://blog.housepricespy.com/new-functions-for-house-price-spy.html</link>
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		<title>House Price Spy V2</title>
		<description><![CDATA[ 
 

As promised in recent weeks we have given House Price Spy a complete overhaul in terms of cosmetic stuff, navigation of the site, content, extra functions and the way the site works!
 The site will now be easier to use and move between pages while retaining all the things that make House Price [...]]]></description>
		<link>http://blog.housepricespy.com/house-price-spy-v2.html</link>
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		<title>Free property sale information</title>
		<description><![CDATA[
House Price Spy has been around for quite a while now providing everyone with millions of property prices from England, Wales and Scotland since 2000. This data is purchased from official government sources such as The Land Registry, Registers Of Scotland and The Royal Mail and are regulated and updated on a monthly basis to [...]]]></description>
		<link>http://blog.housepricespy.com/free-property-sale-information.html</link>
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		<title>Get cheaper energy with Energy Helpline</title>
		<description><![CDATA[ 

The main property related story in the news this morning was the giant rise in utility price from one of the UK&#8217;s largest providers British Gas  who are raising their prices by 25% for gas and 9% for electric. 
 With many other companies sure to follow, you will want to get the [...]]]></description>
		<link>http://blog.housepricespy.com/get-cheaper-energy-with-energy-helpline.html</link>
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		<title>Free property information</title>
		<description><![CDATA[
The financial news this week is not too good, US lender IndyMac has gone bust and Washington Mutual is on the brink of bankrupcy. The US property market is down 20% on peak values from 2007, while the UK market is down by an average of around 9%.  
 Some financial institutions are aiming [...]]]></description>
		<link>http://blog.housepricespy.com/free-property-information.html</link>
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		<title>Global Property trends</title>
		<description><![CDATA[
The global property market has also been effected by downturn that we have seen in the UK, these stme from a lack of finance, consumer confidence and the poor £ against the Euro etc. Here are a few examples of the markets: 
 Spain - there has been a massive overbuild of primary and holiday [...]]]></description>
		<link>http://blog.housepricespy.com/global-property-trends.html</link>
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		<title>Cut your Mortgage with The One Account</title>
		<description><![CDATA[
The One Account has been around for a while now, you probably know all about their revolutionary idea- of offsetting your mortgage with your savings and letting you save and pay off your mortgage earlier.   
 Choose the savings, current accounts and any other accounts you want to offset with and start to [...]]]></description>
		<link>http://blog.housepricespy.com/cut-your-mortgage-with-the-one-account.html</link>
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		<title>Negative Equity</title>
		<description><![CDATA[
With property prices falling by around 6% in recent months more people than ever will be facing the spectre of negative equity ie paying more for their mortgage repayments than the property is worth on the open market. 
 This is especially for people who took out 100% and large value mortgages during an inflated [...]]]></description>
		<link>http://blog.housepricespy.com/negative-equity.html</link>
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		<title>Try before you buy property</title>
		<description><![CDATA[
With the present conditions in the UK property market set to continue for some time (3-4 years) estate agents and property sellers are struggling to find new novel ways to make money.  
 The ratio of sellers to buyers in the UK is currently nearly 15:1 leaving many estate agents in a perilous situation [...]]]></description>
		<link>http://blog.housepricespy.com/try-before-you-buy-property.html</link>
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		<title>MyChoiceHomeBuy scheme will pay for half your home</title>
		<description><![CDATA[
It seems like every day the papers, TV and web has doom and gloom about the property market and the UK economy and this week is no different: the average price of a home is down by 2% in June 2008 alone
 The UK Government has a new scheme to lure more people into stepping [...]]]></description>
		<link>http://blog.housepricespy.com/mychoicehomebuy-scheme-will-pay-for-half-your-home.html</link>
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		<title>Entertainment deals from Sky Digitial</title>
		<description><![CDATA[ 


Just in time for the school holidays and the summer itself Sky Digitial have some great offers which will fill in the long summer months perfectly  with sports, cartoons, movies, 24 hour entertainment, US series, comedy and pretty much anything you can think of. Packages start from only £16 per month with free [...]]]></description>
		<link>http://blog.housepricespy.com/entertainment-deals-from-sky-digital.html</link>
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		<title>Sell To Rent</title>
		<description><![CDATA[
With UK propety prices falling between 2.5% and 3.3% during the last year (and 1% during June 2008) the trend for &#8217;sell to rent&#8217; properties looks to be on the increase.  
 &#8216;Sell to rent&#8217; involves selling your property, rent another property while prices fall, and finally buy another property while prices are at [...]]]></description>
		<link>http://blog.housepricespy.com/sell-to-rent.html</link>
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		<title>Scottish House Prices</title>
		<description><![CDATA[
Scotland, which had previously resisted the UK downturn, is set for its first average fall in property prices announced by lenders Nationwide and Halifax from their mortgages figures.
 For an example, there are 50% more properties for sale in Edinburgh which has driven prices down by 10%. Many properties are now fixed price, while &#8216;offers [...]]]></description>
		<link>http://blog.housepricespy.com/scottish-house-prices.html</link>
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		<title>Property bounce back</title>
		<description><![CDATA[
The recent slump in house prices has caused a reduction in new home being built to a record low of 110,000 across the country planned for 2008. In the medium term this will cause more demand on existing housing leading to a bounce back in property prices.  
 Buyers with a imperative to move, [...]]]></description>
		<link>http://blog.housepricespy.com/property-bounce-back.html</link>
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		<title>Stamp Duty shortfall</title>
		<description><![CDATA[
One point that I think needs to be made regarding the current financial situation, is that Chancellor Alistair Darling based his budget 2008 figures on certain revenue from Stamp Duty which will now be down by 15% at least. This means he will have to fund this shortfall from somewhere else. The Northern Rock debacle [...]]]></description>
		<link>http://blog.housepricespy.com/stamp-duty-shortfall.html</link>
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		<title>London property prices</title>
		<description><![CDATA[
As with all property slumps there will be some areas worse hit than others, inflated prices in the capital seeing modest flats changing hands for millions, will hit London property prices hardest. The HBOS predicted that prices in London will fall by a massive 9%, the lender is planning a rights issue in the months [...]]]></description>
		<link>http://blog.housepricespy.com/london-property-prices.html</link>
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		<title>House price to reach rock bottom in 2009</title>
		<description><![CDATA[
The SBE (Society of Business Economists) has predicted that UK property prices will fall by up to 10% during 2008 and reach rock bottom in 2009 losing up to 20% of their value. They did however predict that prices would then get back to peak values seen in 2007 and start rising from that point [...]]]></description>
		<link>http://blog.housepricespy.com/house-price-to-reach-rock-bottom-in-2009.html</link>
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		<title>Reduce your energy bills</title>
		<description><![CDATA[
Energy bills are rising higher than ever and it&#8217;s never too late to switch you utilities provider and save hundreds of pounds each year! The press is full of scare stories about families choosing between heating and eating, but most of us will have noticed out bills rising in the last year with the remaining [...]]]></description>
		<link>http://blog.housepricespy.com/reduce-your-energy-bills.html</link>
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		<title>Mortgage rate held for June 2008</title>
		<description><![CDATA[
The Bank Of England has held the mortgage lending rate for June 2008 at 5%, holding for a second successive month. The BOE has slowely decreased the rate from a peak of 5.75% in August 2007. 
 Whether this will increase consumer confidence enough to breath life into the UK property market will remain to [...]]]></description>
		<link>http://blog.housepricespy.com/mortgage-rate-held-for-june-2008.html</link>
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		<title>Millions set to lose their home?</title>
		<description><![CDATA[
As the &#8216;credit crunch&#8217; media hype goes into overdrive the papers were reporting that almost 2 million people in the UK were stuggling to pay their mortgages. In the early 90&#8217;s a record breaking number (hundred of thousands!) of home owners lost their homes due to the devaluation of the pound and rising unemployment. 
 [...]]]></description>
		<link>http://blog.housepricespy.com/millions-set-to-lose-their-home.html</link>
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		<title>House Price Spy Members Benefits</title>
		<description><![CDATA[
Members of House Price Spy have exclusive benefits and features they can access that casual users wont get access to, so it pays to join up for free and get the ability to watch streets and get notification of all properties sold on that street, email alerts, newsletters with great offers and info on the [...]]]></description>
		<link>http://blog.housepricespy.com/house-price-spy-members-benefits.html</link>
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		<title>New look revealed for House Price Spy</title>
		<description><![CDATA[


As mentioned in our last blog post House Price Spy has had a complete facelift and revamp. The main thing you should know while the site is now easier to use and search through you still get free house prices for all non-commercial properties in England, Wales and Scotland! The data is provided from government [...]]]></description>
		<link>http://blog.housepricespy.com/new-look-revealed-for-house-price-spy.html</link>
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