House prices have been pushed to a record high after a loosening of mortgage terms and the chancellor’s stamp duty holiday.

According to Rightmove the average property price tag has risen 2.4% higher than in March, to £320,265.

Enquiries from new buyers are up 75% this month compared with the same period last year, while 44% of properties that came up for sale between mid-May and mid-June have had offers accepted, compared with 34% for the same period in 2019.