Landlords may be affected by a slowdown in the rate of house price rise, which was today (January 12th) revealed by the Royal Institution of Chartered Surveyors (Rics).

It was reported that 30 per cent of surveyors said there had been a rise in house prices in December - down from the 35 per cent who said so in November.

London, the south-east, east Anglia and the south-west were all areas likely to record price rices.

But fewer surveyors positioned in the north and the west Midlands said the same.

Jeremy Leaf, spokesperson for the organisation, said: "The recent loss of momentum in prices and the moderation in new buyer interest can be in part attributed to the housing market pulling down its shutters for Christmas."

He explained that the new year is likely to see another rise in interest and activity.

Rics has been established since 1868 and gives advice on issues such as housing market activity.

Written by Mark Garner ADNFCR-2002-ID-19553163-ADNFCR

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