"This briefing note summarises the changes taking place in PRS and highlights the importance of encouraging investment into the sector to meet Government housebuilding targets and help replace stock that is being sold by small individual landlords."

"Last month we reported a softening of house price growth over the first four months of the year. On Monday, Nationwide reported that annual price growth edged up marginally to 3.5%. And there are plenty more lessons we can learn from the events of the past month, too. "

"A more resilient than expected first quarter is set against a more cautious market"

"This month’s housing market update sits a little at odds with the recent spate of good weather and provides slightly sobering reading after a fine May bank holiday. However, competition in the mortgage markets, a change in the way some lenders are assessing affordability, and the prospect of faster, deeper interest rate cuts provide continued cause for optimism."

"Spring is a time for planning ahead and getting your house in order – and the prime property market is no exception"

"Cautious positivity in the sales market, but development continues slump"