The North-South divide in house prices will narrow in the next five years as property values in northern England rise by a fifth, a report suggests.

Property investment platform, British Pearl, has released a report highlighting the disparity between the rise in cost of leasehold and freehold properties in the UK.

The Scottish Government is on track to meet its ambitious affordable housing target, new statistics show, with 78,000 built since 2007.

Average house prices in the UK increased by 3.1% in the 12 months to July 2018, down slightly from 3.2% in the year to June 2018, the latest official data shows.

A shared ownership scheme was launched by the British Government five years ago with the aim of helping more people onto the property ladder but new research suggests there is a lack of knowledge about it.

The Scottish property market is bucking the trend of the rest of the UK, according to two separate studies published today.

Havelock House, the former south Belfast home of broadcaster UTV, is set to become student housing after it was snapped up by a UK developer.

UK house prices have had their biggest monthly fall for six years, lopping more than £2,200 off the typical price tag, according to Nationwide.

Investors are ditching UK property as Brexit uncertainty, rising interest rates and inflation erode house prices and office values in a market hurtling towards a potentially messy exit from the EU.

Low supply of rental accommodation is expected to cause rents in the UK to go up by 15% over the next five years, according to Royal Institution of Chartered Surveyors (RICS).