Average time to find a buyer is now 71 days - the longest at this time of year since 2019 due to optimistically-priced sellers.

CEO Nathan Emerson says the association's Property Information Questionnaire documents now include Parts B and C on Material Information.

UK house prices rose 0.7% month on month in February taking the annual rate of house price growth to 1.2% from -0.2% the previous month.

Portal's latest data release also shows the number of homes for sale a fifth higher than a year ago, although prices have yet to react to this.

Joining forces to afford to buy, FTBs are now 32 years old on average and put down a deposit of £53,414 – some £21,000 more than 10 years ago.

The trade body’s December report shows the number of prospective tenants registered per member branch reduced to 63 from 86.

Average advertised rents outside of London rose to a new record of £1,280 per calendar month but was smallest increase since 2019.

Average new seller asking prices rose by 1.3% month-on-month to £359,748, the biggest December to January increase in prices since 2020.