With new seller numbers outstripping new mortgage approvals by approximately 5:2, the second half of the year looks set to see prices drift back to where they were at the beginning of the year as buyers get the upper hand according to Rightmove.
Home Information Packs (HIPs) have been suspended with immediate effect bringing welcome news to sellers, estate agents and the overall property market.
The scheme, launched in January 2010, gives homeowners and landlords the opportunity to claim £400 off the cost of a new energy efficient boiler when they replace an old G-rated boiler.
Tenants will be able to post feedback on their landlord on the internet as part of a series of measures announced to improve the private rented sector.