The number of mortgage deals available has broken through the 5,000 barrier for the first time in more than a year.
Property news
Buying, selling or renting? Explore the latest property news, market updates and insightful analysis for the UK housing market with Zoopla's property experts.
Nearly four in 10 first-time buyers are taking out mortgages with a term of between 30 to 35 years, while 17% choose one that's even longer.
Mortgage approvals rose by 18% in March, with 52,000 mortgages given the go ahead, suggesting buyer confidence is returning in the housing market.
The rapid rise in house prices over the last three years means first-time buyers now need to earn more to buy a home. Let’s look at the options.
Will homes hold their value, is now a good time to sell and is 2023 a good year to be a first-time buyer? Watch this month's House Price Index report with Zoopla's Director of Research, Richard Donnell.
As rents hit 10-year highs, our data suggests the cost of renting has now peaked and rental inflation for new lets is set to slow to 4-5% later this year.
97% of sellers made a profit from the sale of their property in 2022, with the average home earning £67,000.
Mortgage deals now available at sub 4% rates - and inflation still expected to fall quickly in the second half of this year.
Six out of 10 landlords are in favour of the introduction of the Decent Homes Standard, the biggest shake up in the private rented sector for 30 years.
