The Prime Minister has today set out plans for a scheme offering 100,000 first-time buyers new homes with a 20% discount as part of a move to get more people on to the property ladder.
Rents soared to a new high last month, with "fierce competition" from frustrated would-be home buyers continuing as the market enters its summer peak, a study said today.
Rents are up for the third month in a row as mortgage lenders tighten their borrowing criteria and people struggle to get on the property ladder, a study says.