Housebuilding has fallen for 11 months in a row as high borrowing costs hit demand for new homes.

Latest movement in house prices surprises some experts

Mortgage borrowing for house purchases continued to fall in September, with activity down by more than a third compared with the same period in 2022.

Airbnb hosts - even those using just a spare room for occasional letting - will be amongst those subject to new reports sent to HM Revenue and Customs.

The Bank of England (BoE) has announced it will hold the Base Rate at 5.25% again this month.

Propertymark says there’s no change in the mismatch between supply and demand in the rental market - unfortunately.

The Government has confirmed that it will not abolish Section 21 ‘no-fault’ repossessions until it improves the court system for handling legitimate possession cases by landlords and student landlords will be pleased to hear that there will be a new ground to repossess properties annually to protect the student housing market.

The decline in house prices will continue over the next few months and throughout 2024, Lloyds Banking Group has predicted.