Housing & Real Estate

Mortgage Rates Sign On The House And Charts.

UK Mortgage Rates Spike as Lenders React to Economic Shifts From the Budget

Housing & Real Estate

The UK's leading lenders have increased fixed mortgage rates in the wake of Budget-related rises in borrowing costs and market uncertainty. Homeowners and buyers now face a tightening market as…

Barclays Set to Hike Mortgage Rates: What Buyers Should Know
- Housing & Real Estate
Significant changes are on the horizon for mortgage rates, as Barclays prepares to implement increases across various fixed-rate deals.
Arezki AMIRI 17/10/24
Top UK Mortgage Deals of the Week: Sub-4% Rates Are Back on Track
- Housing & Real Estate
Mortgage rates under 4% are returning as competition heats up, offering better opportunities for first-time buyers amid Bank of England's rate hold.
Arezki AMIRI 03/10/24
First-Time Buyers Urged to Act as Mortgage Rates Drop Amid Rising Competition
- Housing & Real Estate
First-time buyers and those with smaller deposits are beginning to feel the effects of recent mortgage rate reductions as competition among lenders intensifies. Major players such as Nationwide and Clydesdale...
Arezki AMIRI 13/09/24
Best UK Mortgage Offers of the Week: New Deals Below 4% for Homebuyers
- Housing & Real Estate
In the aftermath of a recent interest rate cut by the Bank of England (BOE), more mortgage offers with interest rates under 4% are becoming commonplace, which can be nothing...
Arezki AMIRI 08/09/24
Housing Market Rebound? Mortgage Approvals Hit Post-Mini-Budget High Amid Falling Interest Rates
- Housing & Real Estate
The Bank of England has reported a significant increase in mortgage approvals for home buyers, reaching the highest level since the mini-budget delivered under former Prime Minister Liz Truss. In...
Arezki AMIRI 30/08/24
Short-Term Mortgages Surge as British Homeowners Anticipate Falling Interest Rates
- Housing & Real Estate
The 2024 rise in the amount of households wanting to fix their mortgage rate for just a couple of years is an indication of the fact that homeowners are hopeful...
Arezki AMIRI 11/07/24
Mortgage Payments Could Rise by £287 Despite Stable Base Rate
- Housing & Real Estate
Mortgage and savings rates have been fluctuating in recent months, despite the Bank of England's base rate remaining steady, according to a financial information website. The research was presented as...
Lydia Amazouz 21/06/24
UK House Prices on the Rise, but Mortgage Rates Remain Unchanged
- Housing & Real Estate
Last April, the UK saw an increase of 1.1% in average house prices over the same month the previous year, says the Office for National Statistics (ONS). This positive trend...
Arezki AMIRI 19/06/24
UK Homeowners May Be Owed Thousands for Undisclosed Property Issues, Says Legal Expert
- Housing & Real Estate
- News
Homeowners who discover problems with their properties months or even years after purchase may be entitled to substantial compensation, according to a legal expert. The severe winter has exacerbated structural...
Arezki AMIRI 18/06/24
UK House Prices Steady in May Boosted by Wage Growth
- Housing & Real Estate
The latest figures from mortgage lender Halifax show that during the crucial spring sales period, UK house prices remained unchanged in May, supported by rising wages and a rise in...
Arezki AMIRI 07/06/24
Housing Benefit for Low Income Renters and Pensioners – How to Apply
- Social Welfare
- Housing & Real Estate
The Housing Benefit is now part of Universal Credit for those of working age, but remains available for those over State Pension age and for specific types of accommodation. Understanding...
Arezki AMIRI 03/06/24
UK Housing Market Sees Price Growth in May Despite Rising Mortgage Rates
- Housing & Real Estate
UK housing costs accelerated in May, despite a rise in lending costs slowing the recovery, statistics released on Friday showed. House costs rose by 0.4% in both April and May,...
Arezki AMIRI 31/05/24
UK Housing Market Growth Hits Eight-Year High, Says Zoopla
- Housing & Real Estate
The housing market has seen a significant increase in the number of homes for sale, reaching its highest level for eight years, according to recent data from Zoopla. This increase...
Arezki AMIRI 30/05/24
Why Buying a House in the UK is More Profitable than Rental?
- Housing & Real Estate
Deciding whether to buy or rent a home remains a hypothetical discussion for most people. Many cannot afford to buy a property or even to leave the family home to...
Arezki AMIRI 29/05/24
UK to Impose Higher Council Tax on Empty Homes and Second Properties
- Housing & Real Estate
Owners of second homes and empty properties in England, Wales and Scotland could be required to pay at least twice the amount of the old council tax in order to...
Arezki AMIRI 27/05/24
UK House Prices Reach Record High, Averaging Over £375,000
- Housing & Real Estate
According to Rightmove UK house prices hit record highs with the average British house price reaching £375,000 in May. Average UK House Prices Reach Record High The average UK house...
Lydia Amazouz 20/05/24
Nationwide Unveils £50,000 Payments for People Who ‘Pass’ Check
- Housing & Real Estate
Nationwide has "doubled" an essential customer benefit as part of a substantial cost-of-living increase. Nationwide, the UK's largest building society, which competes with Lloyds, HSBC UK, Santander, NatWest, and others,...
Lydia Amazouz 18/05/24
UK House Prices Dip as Lenders Raise Mortgage Rates
- Housing & Real Estate
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...
Lydia Amazouz 01/05/24
Average Rents in the UK Surge to Record High
- Housing & Real Estate
Average private rent prices have surged again in the UK, reaching record heights, with yearly rental growth in hotspot areas including Reading and Coventry running at nearly 20%. UK Rents...
Lydia Amazouz 30/04/24
Mortgage Payments Skyrocket by 60% Since 2021 Due to Financial Pressure
- Housing & Real Estate
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...
Arezki AMIRI 29/04/24
DWP Helps Individuals Pay Their Housing Costs – Check Your Eligibility!
- Social Welfare
- Housing & Real Estate
Housing costs, both rental and ownership, have soared in recent years. This surge in housing costs raises the question of what kind of help the government can provide. So, If...
Arezki AMIRI 27/04/24
Over 300,000 Households Miss Out on £4,338 in Rental Support – Here’s How to Apply!
- Housing & Real Estate
Nearly 300,000 households are missing out on £1.2 billion in rental support. According to a new Policy in Practice study, hundreds of thousands of senior citizens are entitled for about...
Lydia Amazouz 27/04/24
UK Housing Market: Asking Prices Hit Near ATH in April, Driven by Larger Properties
- Housing & Real Estate
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....
Arezki AMIRI 22/04/24
Building Society Reforms Aim to Boost Homeownership for Working People
- Housing & Real Estate
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...
Lydia Amazouz 20/04/24
UK House Price Decline Slows Amidst Record Rent Surge
- Economy
- Housing & Real Estate
The average UK house price declined by 0.2% in the year leading up to February down from 1.3% in the year leading up to January. Diverging UK House Price Trends...
Lydia Amazouz 17/04/24
UK Housing Madness : March Sees Unexpected Price Drop for First Time in 6 Months
- Housing & Real Estate
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...
Arezki AMIRI 05/04/24
UK Housing Crisis : Non-Profit Groups Struggle Amid Higher Interest Rates
- Housing & Real Estate
Leading UK Affordable Housing Associations issued warnings recently, pointing to a growing shortage of housing supply and the increasing financial difficulty of building new affordable homes. As public funding falls,...
Arezki AMIRI 04/04/24
UK House Prices Drop for the First Time in Three Months
- Housing & Real Estate
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...
Lydia Amazouz 02/04/24
UK Housing Market: Falling Mortgage Rates Set to Boost Prices this Spring
- Housing & Real Estate
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...
Arezki AMIRI 29/03/24
UK Housing Offers the Worst Value Compared to Other Countries
- Housing & Real Estate
The UK housing market offers poor value for money compared with other developed countries. Typically, UK households spend much more money for much less living space. This means that the...
Arezki AMIRI 25/03/24
UK Mortgage Rates Cut Anticipated Due to Positive Inflation Data
- Housing & Real Estate
Brokers and housing market analysts predict mortgage rates to fall slightly in the coming weeks. This is due to positive inflation data and an optimistic outlook from the Bank of...
Arezki AMIRI 22/03/24
UK Rental Costs Surge by 9% as House Prices Stabilise
- Housing & Real Estate
The latest data published recently by the Office for National Statistics (ONS) reveals a significant rental costs rise across the UK last February, while price adjustments in the housing market...
Arezki AMIRI 20/03/24
House Asking Prices Rose by £5,000 in a Month
- Housing & Real Estate
House asking prices have surged by more than £5000 in March as the mortgage market recovery uplifts sellers' confidence in property values. House Asking Prices Surge, but Buyers are Still...
Lydia Amazouz 18/03/24
UK House Prices Stable Amid Interest Rate Uncertainty
- Housing & Real Estate
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...
Lydia Amazouz 14/03/24
Bank of England Reports a 50% Surge in Mortgage Balances with Arrears
- Housing & Real Estate
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...
Lydia Amazouz 12/03/24
UK House Prices Approach 2022 High with 5th Monthly Rise
- Housing & Real Estate
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...
Lydia Amazouz 07/03/24
UK Construction Downturn Shows Signs of Relief, Yet Job Losses Accelerate
- Employment
- Housing & Real Estate
Last month, the UK construction industry showed glimpses of stability, offering a glimmer of hope after enduring more than two years of turbulence, according to a recent survey. Despite this...
Lydia Amazouz 06/03/24
Mortgage Reforms: UK Building Societies Claim Exclusion of First-Time Buyers
- Housing & Real Estate
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...
Lydia Amazouz 05/03/24
Rents Surge in Commuter Towns Amidst Unaffordable Cities, Research Reveals
- Housing & Real Estate
Recent research highlights a surge in rents in commuter towns, driven by the increasing unaffordability of urban areas. As cities grapple with a growing affordability crisis, tenants are turning to...
Lydia Amazouz 02/03/24
UK Property Sales Expected to Surge by 10% Amidst Buyer and Seller Resurgence
- Housing & Real Estate
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...
Lydia Amazouz 29/02/24
UK Housebuilders Under Investigation Over Price Manipulation
- Housing & Real Estate
The UK's competition watchdog has launched an investigation into eight housebuilders after it found signs they may be sharing commercially sensitive information that could affect house prices. The CMA began...
Arezki AMIRI 26/02/24
UK House Prices Experience First Increase in Six Months
- Housing & Real Estate
House prices in Britain have experienced a year-on-year increase for the first time in six months, reflecting a boost in demand from buyers and indicating a stabilization trend in the...
Lydia Amazouz 19/02/24
Affordable Housing Construction in London Hits Standstill, Gove Reveals
- Housing & Real Estate
Housing associations are cautioning the government about a concerning trend in London, where housebuilding is rapidly slowing down. Over the last 12 months, the construction of affordable homes in the...
Lydia Amazouz 16/02/24
UK Housing Market Shows Signs of Recovery with Easing Price Falls
- Housing & Real Estate
Official statistics project a forthcoming rebound in the UK housing market for 2024, spurred by a £4000 decline in house prices noted in the previous year. This anticipated recovery carries...
Lydia Amazouz 14/02/24
No-Fault Evictions Surge in England as Reform Bill Faces Further Delay
- Housing & Real Estate
In the five years since the announcement of the no-fault evictions ban, over 26,000 Section 21 notices have been issued. Concurrently, the social housing stock has plummeted, creating a complex...
Lydia Amazouz 09/02/24
UK House Prices Surge at Strongest Rate in a Year
- Housing & Real Estate
Nationwide reports suggest a brighter outlook for the UK housing market, with recent price trends indicating notable improvements. UK House Prices Surge In January, the index of the building company...
Lydia Amazouz 31/01/24
Tenants Hit Affordability Ceiling, Leading to Slowdown in UK Rental Market
- Housing & Real Estate
Within the tumultuous landscape of the UK rental market, tenants find themselves navigating the daunting terrain of surging rent prices and fierce competition for available properties. The challenges are twofold,...
Lydia Amazouz 29/01/24
Rental Affordability Crisis: Record Numbers of US Renters Face Prohibitive Housing Costs
- Housing & Real Estate
The challenges surrounding housing in the United States have reached unprecedented levels, as recent data from Harvard University reveals a significant and concerning trend. A growing number of Americans are...
Lydia Amazouz 27/01/24

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