Halifax’s house price index has found that the average house price now stands at £249, 870, a 7.3% rise on last year, and the strongest growth since June 2016. Across the last three months, Britain’s biggest mortgage lender approved more mortgage applications from both first time buyers and homemovers than anytime since 2008. 

New research suggests that the combined value of the UK's 5.5 million private rental sector (PRS) homes stands at £1.4 trillion.