House prices in England and Wales rose by 0.3% in March, the largest month-on-month increase since March 2010, figures suggest.
House prices stopped falling in April for the first time in 10 months as demand for homes picked up, property researcher Hometrack has said.
UK banks will not increase mortgage lending this year as extra regulatory pressures and a lack of funds continue to restrict the availability of finance to borrowers, Hometrack says.
House prices fell across all regions of the UK for the first time since April 2009 this month, a survey suggests.
Increasing uncertainty regarding the outcome of the General Election and the impact on the economy is taking its toll on the UK property market.
Alistair Darling will today grill the chairmen and chief executives of Britain's largest banks over concerns that lenders are still failing to provide adequate capital to businesses, according to the Times.
The mortgage cost-to-earnings ratio for a first-time buyer has reached 34.5%, exceeding the previous peak in 1990 of 34.1%, according to Hometrack.
Trigold has partnered with Hometrack to offer customised on-demand intermediary property valuation reports.
Hometrack, an automated valuation models (AVM) provider, has launched the UK's first buy-to-let AVM.
Average house prices are still increasing but at a slightly slower rate than in March, according to the latest figures from the Hometrack housing survey.