Banks face the threat of a new £18bn class action lawsuit linked to PPI, deepening a crisis in the industry as it confronts a separate motor finance mis-selling scandal set to cost lenders billions.

Home-buyers in a dual-salary household face paying nearly four times their income to purchase a property typically, according to Zoopla.

Britain’s most affordable towns have been revealed - Zoopla said Croydon is the most affordable location in London ...