The housing market has seemingly shrugged off coronavirus woes and bounced back to new heights with the average cost of a house in the UK increasing by a little over £3,000 in August.

London rents slid by 3% during the first half of 2020, driven by lockdown and a changing UK rental market.

Renters are in a more vulnerable financial position than homeowners and are more likely to suffer during an economic crisis, new research has found.

Property professionals have welcomed new regulations allowing property viewings and visits to estate and lettings agents from Wednesday in England as the government eases the coronavirus lockdown.

The rental market has skidded to a halt during the coronavirus crisis, with tenants and landlords alike pressing pause as the lockdown and social distancing rules restrict viewings and people feel the squeeze on their finances.