Last month June 23), to be exact – marks five years since the EU referendum.

Research from the homebuying platform, YesHomebuyers, has found that demand for chain-free properties has climbed across the UK’s major cities as many homebuyers look to minimise current market delays for a fast property purchase.

Andy Foote of SevenCapital was speaking earlier this month and said, "at some point during their career, many people will question, pension or property? As the retirement age rises, and the cost of living increases, this age-old debate is becoming increasingly common."

A home within 500 metres of a tube or railway station in London will carry a massive premium compared to a similar home location 1,000 metres further away.

The squeeze from too many people looking for a new house and a paucity in supply continued in May, according to the latest RICS UK Residential Market Survey.

The Bank of England will intervene if it considers soaring house prices will affect the inflation rate says Sir Dave Ramsden, a deputy governor of the Bank.

The government has introduced discounted homes for key workers and local residents through its launch of the First Homes scheme.

Research by estate agent comparison site GetAgent.co.uk has revealed first-time buyers (FTBs) are now paying 10% more than a year ago, while existing homeowners have seen the cost of buying increase by 11%.