Zoopla’s latest index shows house price falls concentrated in London and the South East, while the North West leads gains across the rest of the country.

Average mortgage rates have reached 5.2%, up from 4% at the start of the year, adding £150 a month to typical repayments.

A drop in rental supply has pushed UK rents 2.6% higher and lifted competition to a near two-year peak, with Zoopla forecasting further acceleration to 4-5% before the year is out.

Sales agreed are still down by 6% versus last year but the gap is starting to close.

House price growth has slowed to 1.3% as sales agreed fall 9%, with Zoopla urging sellers to prepare for a September rebound.

Rising mortgage rates and political uncertainty have caused sales agreed to fall 7% year-on-year, with three in five homes listed since January still unsold.

Zoopla's latest rental market report finds that rental market affordability is deteriorating fastest in lower-cost areas, where rents below £750pcm are rising at 5%, more than...

First time buyers are targeting more expensive homes despite higher borrowing costs and weaker buyer demand, according to the latest House Price Index from Zoopla.

Zoopla has launched a dedicated landlord content hub, giving letting agents ready-made resources to convert self-managing landlords as the Renters' Rights Act comes into force.

UK house price inflation is steady at 1.3% and sales agreed are just 3% down on last year, though outer London's first-time buyer markets are feeling the strain of higher borrowing and...