Extra powers could be handed to the Bank of England to limit buy-to-let landlord borrowing to maintain financial stability.

Property prices in the UK have increased 7.0% over the year to October with an average price of £287,000 according to the ONS.

The Halifax data shows house prices are up 1.4% on the quarter despite a fall last month and is expected to rise strongly.

People struggling to buy their first home are given a helping hand with the Help to Buy Isa free from tax and up to 4% interest.

Older borrowers could soon be offered mortgages into their 80s and 90s as building societies review their age limits.

Data from the CML shows overall lending is up 19% year on year as remortgage buyers return after a dip during the summer.

Halifax report shows house price growth increased year on year to October of 9.7% due to improving economic conditions.

House prices in the UK are up 3.9% for the year and homeowners are biased toward fixed rate mortgages ahead of an interest rate rise.

As house prices rise Lenders have reintroduced interest only mortgages accessed only by wealthy homeowners with large amounts of equity.

IMLA has said the end of higher rate tax relief for buy-to-let landlords will limit the supply of rented properties and increase the rents for tenants.

House purchase loans were 9% lower for the month of August according to the CML as remortgage buyers reducing by the largest amount.

Citizen Advice has warned that one million mortgage holders have no plan on how to repay and could face repossession.