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ibtimes.co.ukRightmove analysis of May listings found average asking prices for typical first-time buyer homes rose sharply in several northern and Scottish towns while falling in parts of the south. The national average price stood at £228,048, down 0.7% from a year earlier.
Leaseholders in buildings more than 25 years old and six storeys tall now pay an average annual service charge of £7,300. The increase reflects years of underfunding in the UK's ageing housing stock.