Ranked: Britain’s fastest-moving property markets in 2024

Official data suggests property values have increased by an average of 2.7% in the last year - but transaction volumes are dramatically lower than in previous years.

Growth in bridging loans 'seems to be fuelled by the urgent need to prevent chain breaks in property transactions,' say lenders.

A third fewer sales were agreed across London's prime postcodes last week compared to the same period last year, but more homes went under offer, and a relative flurry of new instructions hit the market.