The warning comes amid a highly competitive rental market with data from Zoopla showing that there are now an average of 12 renters chasing every available home to rent.

Despite even numbers selling for 2.5% more on average, the nation’s most popular house number over the last year was odd.

The listed building will be sensitively renovated to create 64 spacious, beachfront two and three-bedroom apartments.

Rates have been reduced by up to 0.15%.

Homebuyers who miss next month's stamp duty deadline will be out of pocket by an average of £6,512, according to the latest estimates.

Home purchase plans are the Sharia-compliant alternative to conventional residential mortgages

Optimism among developers is rising despite a fall in construction activity this year

While detached, semi-detached, and terraced homes are becoming increasingly popular, the demand-to-supply ratio for flats has almost flatlined.

The fee reduction has been introduced with the aim of making it easier for holiday let owners to secure financing, without higher upfront costs.

There are now more companies set up to hold buy-to-let property registered at Companies House than any other type of business.