Research for Mayor of London Sadiq Khan shows first time buyers in the capital are losing out to overseas investors acquiring property.
Despite the property market slowing down this year house prices have unexpectedly rebounded including expensive London.
The housing market has recorded its third consecutive monthly fall in house prices for May, the first time this has occurred since 2009.
Manchester house price growth leads the UK while there is a material slowdown in the most unaffordable cities such as London.
The number of first time buyers increased by 30% in the last month with demand expected to continue with attractive mortgage deals.
Yorkshire Building Society has launched a record low mortgage rate as competition increases but is it worth the high fees.
The cost of five year mortgages has reduced in the last year and now could be the time to fix this rate and inflation proof your budget.
Property price growth in London have reduced and is now 3.7% over the year in contrast to a rise in prices on average in the country.
Amounts of equity released from homes reached £1.24 billion in the second half of 2016 a record level of wealth that continues to growth.
The number of first time buyers relying on the bank of mum and dad has reached a historic high and the trend is set to continue.