Tag: Inflation
High interest rates and inflation hit first-time buyers i...
The number of people buying their first home with a mortgage dropped to its lowest level in 10 years in 2023, as rising interest rates...
Halifax predicts UK house prices will fall 2-4% in 2024
Halifax, the UK’s leading mortgage lender, is forecasting a steeper drop in house prices for 2024 than was seen this year, ranging...
Property market remains strong despite economic backdrop
Despite economic uncertainty, the property market remains resilient, according to industry professionals.
The Guild of Property Professionals...
BTL mortgage arrears double in a year as landlords face h...
Landlords are feeling the squeeze from rising mortgage rates and energy bills, as new research shows that buy to let arrears cases...
Private rents in Scotland soar by 14.3% in a year
Despite a rent cap, there has been a sharp increase in average rents across all property sizes in Scotland, with the most common size...
UK rents soar by over a third above inflation in a year
UK renters are feeling the pinch as rents rose by more than a third above inflation in the past year, according to new data.
The Deposit...
House prices set to fall by 4.7% next year – OBR
The UK’s average house price will fall by nearly £25,000 in 2024 – and won’t recover their 2022 house price high...
