The average void period is now 24 days while the average cost of rent is £898.

It will be available to networks and mortgage advisers in Q1 2020.

Walthamstow in North East London is the most popular area with £212.4m worth of property purchased through the scheme here.

Across its fixed rate buy-to-let range the bank has cut rates by 0.2%.

Over half of borrowers have predicted interest rates to rise within the next 12 months.

And only a small number of customers check the accommodation has insurance before booking a stay.

The mortgage switching tool has received backing from a former Barclays Investment Bank chief operating officer.

From October to November house prices rose by 1%.

Zoopla’s Help to Buy calculator allows first-time buyers to work out how much is required for the 5% deposit.

Howard Levy said that the situation at the moment is accidentally creating mortgage prisoners.

This is despite housing sales plateauing over the past three years.

This technology shares data via lender broker portals and distributor CRMs.