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.

House prices across the UK increased by 7.7% on average on an annual basis in September, taking the average property value to £217,888. On a monthly basis, average prices rose by 0.2% compared to August.

New research from Bank of Scotland has revealed that Scottish parents are prepared to pay a premium of as much as £80,000 on average to live in the catchment area of a top performing state school.

Recent research into attitudes towards housing tenure has found that home-ownership is still the nation's overwhelming preference and aspiration - and not purely for financial reasons.

A new survey by Clydesdale and Yorkshire Banks has found confidence is on an upward trend among the UK’s ‘second steppers’.