26 results for "Mortgages"

Whether it is the food in your fridge or your monthly mortgage payments, inflation has seen costs rise sharply for UK households over the last two years. Just two years...

The UK emerged from recession at the beginning of the year thanks to stronger-than-expected growth. According to official statistics, the GDP expanded by 0.6% between January and March—the quickest pace...

Banks are increasing mortgage rates at the same time as reducing savings offers, regardless of the central bank's interest rate freeze, which has persisted for several months. Many lenders have...

The Bank of England is likely to hold interest rates at 5.25% for the sixth time in a row on Thursday. The move comes as inflation, which tracks price increases...

According to Nationwide, UK house prices dipped in April as prospective buyers faced persistent affordability pressures. UK House Prices Slide as Lenders Raise Mortgage Rates The UK's largest building society...

Barclays and British Gas have extended their partnership to provide a significant discount on home energy efficiency checks. Customers of Barclays can now get an energy check from British Gas...

As of 2024, the UK's mortgage payments had risen by a staggering 60% compared to 2021, giving a clear idea of the financial pressure homeowners are under. This significant jump...

Larger property has pushed asking prices to near record levels in April, following data that suggests the UK housing market is still recovering despite the recent volatility in mortgage rates....

Building society revisions proposed by a Sunderland MP are anticipated to help more first-time homebuyers get on the property ladder. First-Time Homebuyers Set to Benefit as Building Societies Act Amendment...

UK rental prices soared at a record rate of 9.2% over the past month, while house prices stagnated, with London suffering the most. As well, rising borrowing costs continued to...

Halifax, a leading UK lender, reported that UK housing prices fell in March for the first time in six months, which surprised analysts and added to the indications of irregularity...

The Bank of England base rate is set to fall, offering some good news for UK homeowners with tracker mortgages. This could mean a potential monthly saving of £300 by...

According to Nationwide building society, UK house prices dropped for the first time in three months as high mortgages continue to impact the market. UK House Prices Dip for First...

The UK housing market is poised for an active spring, thanks to lower mortgage interest rates and increased buyer confidence. The latest HMRC report shows an encouraging increase in property...

According to a campaign group, more than 6.7 million people in the UK are in financial difficulty as the cost of living pushes more families into debt. Rising Insolvency Rates...

UK house prices are now stable, but surveyors have cautioned that although more sellers are putting their properties on the market, the stance remains vigilant due to the continuous uncertainty...

According to the Bank of England, the level of outstanding mortgage balances with arrears surged by over 50% in 2023's fourth quarter in comparison with a year earlier. Bank of...

According to the latest data from Halifax, UK house prices have experienced a 1.7% annual surge, bringing the average cost of a UK house remarkably close to the peak recorded...

The Office for Budget Responsibility (OBR) anticipates a notable economic development as inflation is projected to dip below the government's 2% target in the coming months. OBR Forecasts Inflation Dip...

Building societies are raising alarm bells over the unintended consequences of mortgage reforms implemented in the wake of the 2008 banking crisis. They argue that these reforms, initially aimed at...

In February, the combination of wet weather and persistent cost of living challenges significantly dampened retail sales, leading to a meagre growth rate of just 1%. Many households opted to...

Online property platform Zoopla has unveiled optimistic figures, indicating a robust trajectory for UK property sales. Projections suggest the market is poised to achieve approximately 1.1 million transactions throughout the...

Rishi Sunak's vow to foster economic growth hits a dissonant note as the UK unexpectedly plunges into recession. Shadow chancellor Rachel Reeves asserts that Sunak's commitment lies in tatters, painting...

The UK housing market maintains its momentum with a fourth consecutive surge in house prices observed in January. Insights from Halifax, a leading mortgage lender, shed light on this trend,...

While the significant drop in forecasted inflation for 2024 may seem like good news for many households, experts are warning of potential deflationary risks in the United Kingdom. Anticipated Inflation...

According to famous economists, U.S. consumers are feeling the impact of increased interest rates, while financial firms seem to be reaping the benefits. Rising Debt and Consumers Struggles Amid Feds...