Summary: Housing costs are rising significantly, affecting millions of homeowners on variable or fixed-rate mortgages. The Bank of England's successive rate increases bring short-term stability but pose challenges for those struggling with housing costs. Volatility in the housing market is expected as some homeowners need to sell their properties at reduced prices. Investment in energy-efficient and high-quality housing stock is essential for the long-term stability of the market. ...

Summary: The government unveils plans to make it easier for people to expand homes upwards and outwards. Increased investment in brownfield sites aims to revitalize urban areas and boost homeownership. The government stands by its commitment to build 300,000 homes annually by the mid-2020s. Local opposition and environmental concerns pose challenges to housing development in certain areas. Addressing the housing crisis remains a significant issue for future elections. After a...