Related topic: Housing market

An increase in May's transaction volumes suggest the market has remained more resilient than many expected amid ongoing geopolitical conflict.

Higher mortgage rates and political uncertainty have shrunk the pool of committed home buyers, pushing sales agreed to 7% below last year.

40% say they would prefer to invest in home improvements to reduce overheating from the outset, rather than rely on cooling devices.

78% of homeowners would expect buyers to pay more for an energy efficient home.

Proposals to introduce digitalised upfront information received widespread industry support.

The reforms will cut buying times by around four weeks and save first-time buyers an average of £650.

May sales agreed volumes fell 8.1% year-on-year, signalling potential weakness later in the year.

The gap gets even wider with London excluded - with a house being 2.3 times the price of a flat.

The average monthly rate of UK house price growth in April was 0.7%.

The number of homes for sale remains at historically high levels, driving price falls as competition to attract a buyer remains fierce.