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

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.

Connells boss Jason Willetts says the PM's plan is no 'silver bullet', and the Government is still 'miles away' from hitting its housebuilding target.

The Bank of England has decided to keep the base rate at the same level for the third review in a row.

Jeremy Hunt says the UK is ‘on a path to a lower tax economy’ but has pledged that his Autumn Statement will not include any inflationary cuts.

Estate agents and housing experts say would-be buyers are struggling to save for deposits and are worried about finances.

Bank of England says that this was the third consecutive month that mortgage approvals have fallen while remortgaging is at its lowest since 1999.

Latest data from the Office for National Statistics shows annual private rental prices increased by 5.4% in England, 6.5% in Wales and 6.0% in Scotland.