Mynest

UK house prices rose at their fastest monthly rate of the year in November with further increases expected next year, the Halifax has said.

House prices grew at their fastest annual pace for two years in November, according to the latest survey from Nationwide… The lender said the price of a typical UK home rose by 3.7% last month compared to a year earlier, with property values close to a record high. It said the acceleration in house price […]

Property asking prices fell by more than £5,000 on average this month, according to Rightmove. The typical newly-listed home fell in price by 1.4 per cent in November, an average of £5,366, the property website revealed. The fall represents a bigger drop than normal at this time of year, which Rightmove attributed to pre- and […]

Mortgage rates in the UK are set to rise, as the cost of UK gilts has reached a 12-month high. This rise is expected to have significant implications for homeowners and prospective buyers alike. There has also been a spike in swap rates, which influence the pricing of fixed-rate mortgages. The rise has been attributed […]

According to Zoopla’s latest house price index, 2024 is anticipated to be a “bumper year” for house sales, buoyed by rising real incomes and declining mortgage rates.

Falls in mortgage rates could come to “an abrupt halt”, according to brokers, with expectations that home loan costs may rise in the coming days.

Nationwide is launching mortgages with rates below 4 per cent, with lenders increasingly cutting homeloan prices. The lender is launching a five-year fix from 3.74 per cent and a three-year fix from 3.89 per cent. The current cheapest mortgage rate is from Santander, at 3.99 per cent, launched last week. The new sub-4 per cent Nationwide […]

Mortgage rates return to pre-Liz Truss era as NatWest launches new deal.

House prices and rents in Bradford are increasing faster than the rest of Yorkshire, according to the Office for National Statistics (ONS).

Lower mortgage costs and more interest rate cuts could fuel a rise in house prices for the rest of this year, Halifax has said.