Lenders across the UK mortgage industry have voiced strong support for the government’s £8 billion plan to reform the home buying and selling process — a move expected to reduce the one-in-three property transactions that currently fall through, costing consumers and the economy hundreds of millions each year.

The government’s decision to maintain current Stamp Duty thresholds through 2025 has been welcomed by homebuyers and landlords alike. Experts suggest the extension will help sustain market activity and provide much-needed stability amid ongoing affordability pressures.

Up to 8,500 Affordable Homes across England could remain unoccupied, as more than 700 developments face delays due to reduced funding from housing associations. The Home Builders Federation warns that the slowdown threatens small builders and could worsen the housing shortage.

The number of houses in multiple occupation (HMOs) across England has risen by 2.3% over the past year, reaching nearly 473,000. But while some regions and local authorities have seen huge increases, others recorded steep falls, reflecting stark regional disparities in the sector.

London and southern England buyers are enjoying the largest boost in affordability, with monthly mortgage savings of up to £181 compared to last year, as asking prices soften and mortgage rates fall.

UK construction activity fell again in August, marking eight straight months of contraction, as housing and civil engineering continued to struggle, according to S&P Global’s Construction PMI.

UK construction activity fell again in August, marking eight straight months of contraction, as housing and civil engineering continued to struggle, according to S&P Global’s Construction PMI.

Limited company ownership is increasingly shaping the buy-to-let market, with one in five landlords now incorporating, according to Pegasus Insight.