Average rent in Great Britain up by more than a quarter since start of Covid

Rise due to shortage of properties has been worsened by soaring interest rates, Savills finds

‘A buyer’s market’: average £18,000 knocked off UK property asking price, says Zoopla

Average discount stands at five-year high despite ongoing long-term shortage of homes for sale

Majority of letters with no exposure to rising interest rates are demanding more money in new tenancy agreements

ONS says average price dropped 0.1% year on year in September, with those in London decreasing 1.1%

Underlying profits, however, up 3.4% to £142m in half year to end of September, driven by higher market rents

Owners sell to offset losses from tax changes and rate hikes, meaning fewer homes to rent and thus higher rents

Nationwide’s two-year fixed rate deal offered at 4.99% as lenders jostle for customers

Upmarket estate agent says prices will start to bottom out in 2024 as interest rates fall and will return to growth in 2025

Market likely to fall in short term amid high interest rates and living cost pressures, says Halifax

Find from 16th century uncovered in building of £750m complex of 412 apartments now renamed the Stage

Aspirational website and Instagram feed joins firms laying off workers as market slowdown hits

Offers for homeowners may look improved but deals are likely to come with huge percentage-based product fees

Long period of high interest rates expected, meaning higher costs for homeowners whose fixed-rate deals are coming to an end

Nationwide records monthly increase of 0.9% but average property value down 3.3% year on year

Chinese buyer snaps up St John’s Wood house that often featured in singer’s Instagram posts