The number of prime London properties more than doubled in the last quarter with greater certainty following the general election.

Property prices in Greater London have surged ahead up 2.1% over the month after the election results brought stability to the market.

Home buyers delayed making new purchases due to uncertainty of the general election result with 10% fewer mortgage loans agreed.

Saving for getting on the property ladder is difficult as it takes up to 15 years in London to build up a 20% deposit without family help.

The average house price has increased 207% in the UK since the start of the century outstripped by first time buyer homes rising 264%.

Over the last decade house prices in the UK twenty cities have increased by 54% with London leading up 74% since 2009.

The number of mortgages for new purchases to first time buyers and home movers is higher with increased borrowing values.

Properties sold in the UK worth more than one million pounds have increased five percent but sales fall in London with fewer buyers.

The majority in the general election gives home movers more certainty with the prospect of house prices rising 2.0%, says Righmove.

The difference between the asking and sold property price in London is more realistic reducing to 5% from over 20% four years ago.

Nearly half of remortgage buyers are taking advantage of low interest rates by raising extra capital from their property.

House prices for new build homes are nearly 30% higher than existing properties in England as developers ignore wider pricing trends.