Independent councils are worst for house price performance, according to Yopa's data.

Agents are being encouraged to actively lobby new MPs to influence housing policy – whoever wins the election.

Alongside the rate reductions, the lender has also announced the launch of a new two-year, fixed-rate product for Professional borrowers.

The specialist lender has also launched a new limited edition buy-to-let product on a 5-year fixed term of up to 65% LTV.

Both mixed-use properties feature commercial space on the lower floors with residential units above.

The £15.7m acquisition loan was to assist a borrower to fund the purchase of an office in Farringdon, London.

Potential policies being floated by the major parties include tax relief for selling to existing tenants, an extension of ‘Awaab’s Law’, and stricter EPC demands.

15% of homeowners are still undecided on their vote, according to new research from Jackson-Stops.

In the capital, average rents are now £2,652 per calendar month after rising by 4% since last year.

Four of the five most active local authorities are found within London.