Location is one of the most important considerations for home buyers when it comes to deciding on a new house, and many purchasers are prepared to pay a premium to secure their ideal setting.

Confidence is returning to the UK housing market after a slight dip in the run-up to the EU Referendum, the latest Property Tracker by the Building Societies Association (BSA) has found.

The latest House Price Index from Halifax has revealed a 1.6% increase in house prices in the three months to July, compared to the previous three months. This exceeds the 1.1% increase seen in June, and is similar to the rates recorded in April and May (both 1.5%).