Although much publicity has been given to the effect that higher interest rates on mortgages will have for homeowners this is not the only area of rising demand that these consumers will face, it has been claimed.

People looking to renovate their property should focus on two particular rooms, an industry expert has reported.

Parents are giving an increasing level of financial assistance to help their grown-up children get on to the housing ladder, new figures indicate.

More homeowners are remortgaging in an attempt to clear their debts, an industry expert has suggested.

In research carried out by the Council of Mortgage Lenders (CML), the number of first-time buyers getting on the property ladder was revealed to have fallen.

Potential first-time buyers are taking an increasing number of financial risks in an attempt to get on to the property ladder.