Tag: Interest Rates
Housing market rebounds in February as prices rise by 1.2%
The UK’s housing market showed further signs of recovery in February, as house prices increased by 1.2% year-on-year, according...
UK housing market sees first value drop in a decade
The total value of all homes across the UK has dipped for the first time since 2012.
According to figures by Savills, the total value...
Bank of England hold firm at 5.25%
The Bank of England’s Monetary Policy Committee (MPC) voted 6 – 3 to maintain the Bank Base Rate at 5.25. Two MPC members...
Landlords eye expansion as BTL market stays strong
More than a quarter of landlords are looking to expand their property portfolios in 2024 because the UK’s buy to let (BTL) market...
Region with the best house price growth in Britain revealed
One region has outperformed all other regions of Britain in terms of house price growth since the Bank of England began to hike interest...
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...