Base rate rises by highest level for 33 years
The Bank of England’s Monetary Policy Committee (MPC) has increased the base rate to three per cent.The 0.75...
UK House Price Forecast: 12% Drop Coming says Economist
The fall in UK house prices has just begun, according to a new analysis. On the day Nationwide...
House prices predicted to fall by 5% in 2023
The UK’s house prices are set to fall by 5% next year on the back of rising mortgage...
New stamp duty cut clears first Commons hurdle but opposition MPs voice concerns
The Stamp Duty Land Tax (Reduction) Bill 2022-23 has been introduced and given its first and second readings...
New build property value climbs by 23% in 12 months
The value of new build property has increased by 23% in the last year, outperforming the existing property...
Inflation higher than house price growth for 19th year since 1972, says study
UK house prices are currently climbing at a lower rate than inflation for only the 19th year since...
Cities are driving house price inflation, says Halifax
Increasing demand for homes in British cities was the driving force behind the rapid house price inflation witnessed...
Average house price nears £300,000 despite cost-of-living crisis
Residential property prices increased by an average of 0.9% in August to reach £295,903, according to the latest...
Residential lending topped criteria changes in September
As the mortgage sector struggles with the uncertainty of future rate rises, tax changes and the cost-of-living crisis...
How to understand what’s going on with UK mortgage rates
The UK mortgage market has tightened as confidence in the economy has faltered in recent weeks. Lenders withdrew...
UK’s 13-year housing market boom to end in 2023, surveyors predict
RICS report says rise in repossessions will add to supply while soaring interest rates price buyers out of...
House price growth slows to 9.8% in September
Home price growth slowed to 9.8% making the average property worth £373,427 in England and Wales over the...
UK house prices expected to fall as mortgage rates soar
Increasing mortgage costs and the wider cost of living crisis will place downward pressure on UK home prices...
31% of properties put on the market get an offer within one hour
Nearly one in five properties newly put on the market received an offer within one hour of a...
Biggest mortgage lender increases rates on deals for new borrowers
The UK’s largest mortgage lender says it will increase rates on Wednesday as the cost of new fixed...