The cost of a mortgage as a proportion of household income has reached an historic low although there is no increase in house purchase activity.

The Treasury is to give the Bank of England powers to limit lending to the growing buy-to-let mortgage market to protect the financial system.

Figures from the ONS show the growth in houses prices over the year for new builds is more than double that of existing homes.

The latest index from the Nationwide shows no change in house prices as demand remains subdued as a home purchase is less affordable.

CBI business leaders have urged the government to tackle the housing crisis to meet their target of a million new homes by 2020.

The government has closed the Help to Buy mortgage guarantee scheme that has helped 86,341 first timer buyers on to the housing market.

Mortgage age limits for older borrowers increase from age 75 and over due to changing demographics and people working longer.

Data from the CML has revealed older borrowers have higher levels of equity to debt with repayment rather than interest only mortgages.

House prices in the UK are up over the year and remain stable as the number of sales completed have dropped by up to a third.

One in six families have been offered a smaller mortgage from a lender due to their childcare costs adding to parents stress and anxiety.

The growth rate for homes has slowed to 5.8% a year the slowest rate since August 2013 according to the Halifax house price index.

Growing competition from lenders has seen more flexibility and choice for consumers and lower interest rates, says Moneyfacts.

Lending to first time buyers and home movers decreased in July and recovered in August despite fear of a crash after the Referendum.

Prices for luxury homes in London are expected to fall by 9% in a year due to stamp duty tax and EU referendum, says Savills.

Many London boroughs continue to see house price growth in double figures although the average rate is slowing.

The average price of £366,744 for properties closest to the UK’s top thirty schools is £53,426 more than the average for the country.

The latest report from Lloyds shows homeowners are now more optimistic that they will own their long-term home in two more moves.

The UK cities house price index from Hometrack shows growth in the north is taking the lead as London trails after Brexit uncertainty.

Data from the Council of Mortgage Lending show first time buyers are driving the market with lending up 25% to £5.5 billion over a year.

Homeowners have used equity release to withdraw a record £8.2 million of housing wealth per day or £0.5 billion each quarter.