he population of London is due to rise by 800,000 in the next 10 years - and there are very few properties being built. Pressure on land, planning back-logs and green-belts mean this is already a severe housing shortage - one can describe this as a housing crisis.

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The seller's solicitor will have prepared all relevant searches and standard information about the property and you are deemed as having accepted that information when you exchange. You are, however, approaching the transaction from a different angle and need to take extra care so that you are not involving yourself in a lot of additional, unforeseen expense after you have completed your purchase.

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Property in the east of London is set to boom with the Olympic developments and expansion of London City airport acting as twin catalysts. "East London is one of the few places in the capital where there is still potential for expansion and to really improve the infrastructure and residential side of things."

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