The annual rate of growth recorded the strongest outturn since January 2023.

The PRA says fine, the second highest ever imposed by the regulator, "reflects the seriousness of the failings".

UK buyer demand is up 12% and sales agreed are up 13% year-on-year.

He succeeds Jim Randal, who stepped down after chairing MorganAsh since its inception in 2004.

The firm sent more than 31,000 text messages without valid consent.

Buyer enquiries recorded the least downbeat reading since April 2022.

The Advisers’ Sustainability Group will report on how the advice sector can be supported in delivering good practice in the second half of 2024.

The Awards programme gives the intermediary community the final say in selecting the winners.

UK house price annual inflation has been generally slowing since July 2022, when annual inflation was 13.8%.

Economists had predicted a small drop in the annual rate.