Homebuyers are more reliant than ever on the bank of mum and dad funding nearly a quarter of all housing transactions.

Buyer demand is up a third this year and no signs of losing momentum with house sales 76% higher over the five year average.

The number of house sales have reached a record for the last ten years as summer holidays are replaced by moving home.

Post lockdown the UK housing market is in a mini-boom with asking prices at record highs and rising £7,640 this month.

The number of sales are 4% higher than the pre-lockdown level rebounding in the northern cities of Leeds, Sheffield and Manchester.

With strong demand from buyers asking prices for property are up on average 1.9% compared to March before the Coronavirus lockdown.

Demand for property has increased by 88% as the English housing market reopens and exceeds pre-lockdown levels.

The government has effectively suspended the housing market with the lockdown to control the spread of the Coronavirus pandemic.

Demand for housing is lower by 40% last month with the impact of the Coronavirus pandemic changing the market.

Asking prices in the UK surge to a record high of £312,625 rising 3.5% over the year and now threatened by the spread of Coronavirus.

Living in a market town is popular for home buyers and the £33,000 premium paid has reduced by 3% in the last year.

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