House prices are set to fall 10 per cent from their most recent high before picking up again in 2026, according to the Office for Budget Responsibility (OBR). The forecast in the public body’s latest report, released alongside today’s Spring Budget represents a further 1 per cent drop compared to its last prediction in November. […]
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House prices see biggest annual fall in over 10 years…
UK house prices fell by 1.1% in the year to February, as higher mortgage rates and living costs made homes less affordable.
Home asking prices see smallest February rise in 22 years…
The average asking price for a UK home rose by just £14 from January to February, according to property website Rightmove – the lowest increase for the month since its records began in 2001. The average asking price for a home is now £362,452, it said. Asking prices normally rise at the start of the […]
Purplebricks: Struggling online estate agent puts itself up for sale…
Online estate agent Purplebricks is up for sale after revealing it expects to lose between £15-£20m this year.
Cheapest five-year mortgage rate since September to hit the market…
The cheapest mortgage rate has dropped to its lowest since September, as price war intensifies between banks and building societies…
Buy-to-let bust sees 66 rental homes disappear each day…
Buy-to-let bust sees 66 rental homes disappear each day
Cost of living: My mortgage deal is ending – what are my options???
Almost two million households will see fixed-rate mortgage deals end this year, with most facing the prospect of higher monthly payments.
What is happening to house prices and could there be a crash???
House prices have fallen in recent months, with increased interest rates making mortgages more expensive and high inflation reducing people’s spending power. However, although Bank of England interest rates have gone up for the 10th time in a row, some mortgage rates have started to fall.
Log burner owners in England risk £300 fine after rule change…
New rules affecting log burners in England could land households with hefty fines of up to £300 if not obeyed. Those who don’t adhere to the rule changes could even end up with a criminal record.
Mortgage approvals drop 50% year-on-year…
Official figures show loan approvals in December hit lowest level – covid aside – for 14 years