The Latest Breaking News from Zoopla

People buying homes without a mortgage are often older, wealthier and buying cheaper properties.

Zoopla figures show a spike in sales and enquiries alongside a drop in the values of homes, particularly in outer districts

Zoopla reports the growth of rents is set to slow down in the new year – signalling the tide of the rental market turning

We may be finally about to reach peak rent

Annual rental prices growth is running at 9.7% but Zoopla expects this to slow to 5% by December 2024.

If age is just a number, where the heck does that leave house prices? Inexperienced buyers (and given the irregularity with which people purchase property, that is most of us) are often intimated by the imposing number placed beneath that misleadingly wide lens money shot on Rightmove.

Rise due to shortage of properties has been worsened by soaring interest rates, Savills finds

Average discount stands at five-year high despite ongoing long-term shortage of homes for sale

Higher mortgage rates and an increased supply of homes have seen buyers achieve sizeable discounts

In London and the South East, sellers are discounting properties by around £25,000, according to new figures.

New research has pinpointed the most affordable places to buy in London, where two people on average local salaries would need to borrow at the lowest income-to-house price ratio