Ground rent not legally or commercially necessary, says UK watchdog

CMA says government may have to step in to protect leaseholders, as thousands in England and Wales remain trapped in contracts

Nationwide to buy Virgin Money in £2.9bn deal

Lenders reach preliminary agreement on key terms in deal to create new competitor with £366bn in assets

Mortgage reforms have excluded first-time buyers, say UK building societies

Report calls for overhaul of rules on loan affordability and repayment, and more flexible mortgage products

UK house prices rise for first time in more than a year as mortgage costs drop

Average cost of a home increased to £260,420 in February, up by 1.2% on a year earlier, says Nationwide

UK property sales forecast to rise by 10% as buyers and sellers return

Data from online property company Zoopla showed the housing market is on track to reach 1.1m transactions across this year

Millennials on course to become ‘richest generation in history’

Generational transfer of wealth largely built up in property will amount to $90tn in US alone, report says

UK housebuilders investigated over possible sharing of price information

Watchdog says it has ‘fundamental concerns’ about market including supply of new homes

Like many of us, Jeremy Hunt has dreams that his budget won’t stretch to

As the budget looms, the chancellor has very little scope to deliver the sort of measures that might make people vote Tory

Signs of UK housing market recovery as price falls ease

Price of average property decreased by 1.4% in 12 months to December, says ONS

‘It’s literally giving somebody money for nothing’: the battle to reform property leaseholds

Flat buyers across England and Wales have been shocked at the ‘feudal’ nature of the ground rent system. Even Michael Gove says it must change. But landowners are fighting back

UK lender offers long-term mortgages that cut rates over time

April Mortgages’ Dutch-style loans attract attention but are currently only for remortgaging

UK property prices have rebounded quickly but talk of a boom is premature

The scope for a near-term surge is limited by the market only having just avoided a crash, say analysts

UK house prices rise at fastest rate since January 2023

Lower mortgage rates lead to increased buyer and seller confidence, says Halifax

Bank agrees payout over mortgages that ‘ruined lives’

Out-of-court settlement reached with law firm acting for customers who have been left owing big sums

UK house prices rise at strongest rate in a year

Though rapid rebound is unlikely, outlook for property market ‘is a little more positive’, says Nationwide