The number of hours home buyers spend online looking for property has increased since the lockdown with 40% rise in London.

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

Interest rates for equity release products drop to record lows as uncertainty continues over the Coronavirus economic impact.

Lenders have agreed to give 1.2 million homeowners impacted by the Coronavirus crisis a mortgage payment holiday.

The cost of fixed rate mortgages for borrowers has reduced but Coronavirus fears have seen lenders withdraw many products.

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

The Chancellor has extended the three-month mortgage holiday to buy-to-let landlords if tenants cannot pay rent due to Coronavirus.

Older homeowners are expecting an £18,000 shortfall for their retirement income with equity release offering untapped potential.

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.

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Homeowners have access to double the number of retirement interest only mortgages as more providers offer products.

Owning your own home is cheaper than renting by up to 18% each month plus the opportunity for equity if house prices rise.

The government’s new First Home scheme will give first time buyers a 30% discount to get on the property ladder.

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

Fixed rate mortgage rates are reducing and set to fall further to the benefit of buy-to-let investors with more competition in 2020.

For the average first time buyer getting on the property ladder in the UK is more expensive as prices soared up to 9% last year.

The number of prime London properties more than doubled in the last quarter with greater certainty following the general election.

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

Home buyers delayed making new purchases due to uncertainty of the general election result with 10% fewer mortgage loans agreed.

Saving for getting on the property ladder is difficult as it takes up to 15 years in London to build up a 20% deposit without family help.