English Housing Survey shows home ownership is the lowest level since 1985 with the private rental sector doubling since 2002.
Home buyer borrowing in London reduces 5% or £310 million in the final quarter of 2016 continuing the downward trend for the capital.
For the first time since 2011 the number of home movers has decreased due to the low availability of the ‘right type’ of homes slowing the market.
The rise in property values for the East of England are leading the market with new-build homes seeing a 32% price increase in the last year.
After years of falling rates the 10-year fixed rate mortgage costs are beginning to rise according to research from Moneyfacts.