The number of first time buyers reaches an all time high last year with more people opting for longer term mortgages of 30-years or more.

After years of falling rates the 10-year fixed rate mortgage costs are beginning to rise according to research from Moneyfacts.

At the end of December phase two of the Help to Buy scheme is going to be withdrawn by the government after a successful three years.

There are striking differences in affordability for first time buyers across the UK as rapid house price rise makes it harder to borrow.

Research from the CML shows the number of London home buyers has increased since the Brexit vote with affordability remaining unchanged.

The cost of a mortgage as a proportion of household income has reached an historic low although there is no increase in house purchase activity.

The Treasury is to give the Bank of England powers to limit lending to the growing buy-to-let mortgage market to protect the financial system.

Figures from the ONS show the growth in houses prices over the year for new builds is more than double that of existing homes.

The latest index from the Nationwide shows no change in house prices as demand remains subdued as a home purchase is less affordable.

CBI business leaders have urged the government to tackle the housing crisis to meet their target of a million new homes by 2020.

The government has closed the Help to Buy mortgage guarantee scheme that has helped 86,341 first timer buyers on to the housing market.

House prices in the UK are up over the year and remain stable as the number of sales completed have dropped by up to a third.