House prices are set to fall by thousands of pounds next year as interest rates remain high, forecasters have said.
The courts are taking more than half a year to process possession claims, according to new research.
David Wilson Homes has launched a scheme where prospective buyers who can muster a 2.5% deposit can reserve a home, move in and pay rent for six months.
Lee Rowley becomes the 16th new housing minister since 2010, having held the role for two months under Liz Truss.
Housing Secretary Michael Gove has ruled out any reversal of Section 24 or other tax changes which have hurt landlords in recent years.
Majority of them are more confident about getting the keys to their dream home.
Housebuilding has fallen for 11 months in a row as high borrowing costs hit demand for new homes.
Latest movement in house prices surprises some experts
- Mortgage Funded Purchases Drop By More Than A THIRD In A Year
- HMRC To Gather More Data On Landlords From Next Year
- Interest Rates Held At 5.25%
- Letting Agents Warn Of Supply & Demand
- Government Promises Court Reform Before Scrapping Section 21
- Lloyds Predicts UK House Prices To Drop & Not Recover Until 2025
- Properties Taking Longer To Sell But Buyer Optimism Remains
- Shelter Claims “Skyrocketing Rents” Lie Behind Homelessness Spending