A typical home is 7.1 times average earnings which have risen 2.7% compared to house prices up 16.8% since the start of the pandemic.

After the Bank of England raised base rates to 0.75% lenders have reacted by increasing the cost of mortgages reaching a five year high.

People are distracted with the festive period and lower house prices in the pre-Christmas lull offer buyers many property bargains.

Energy prices are rising and people pay a ‘green premium’ of £40,000 to live in the most efficient properties rather than less sustainable homes.

Lenders reduce rates as low as 0.84% for home movers and remortgage buyers with the most equity with more competition.

Winchester replaces Oxford as the least affordable city to live and work with the highest average property prices now 14 times annual earnings.

The number of mortgage deals offering 1% interest or less has increased as lenders compete for new and existing borrowers.

UK savings reached £200bn during lockdown and overpayments could reduce interest costs and clear your mortgage years earlier.

Fixed rate mortgages are cut to 0.99% for borrowers with large deposits looking to remortgage as competition increases from lenders.

The government's new 5% deposit mortgage scheme aims to help any home buyer that is struggling to get on the property ladder.

The government is not considering a stamp duty holiday extension after calls for more time following the latest Coronavirus Tier 4 rules.

Mortgages numbers have halved in the last three months and rates are higher as cautious lenders prepare for the end of the furlough scheme.