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The number of mortgages approved in the UK for people buying a home rose sharply at the start of spring, Bank of England figures show.

House prices: The annual rate of growth improved to -2.7 per cent  from -3.1 per cent  in March, as buyers remain cautious about their financial position due to rising inflation, said Nationwide© Provided by City AM The housing market showed “tentative” signs of recovery in April as the price of homes rose 0.5 per cent during […]

Sellers flooding back to the housing market: Number of properties for sale hits two-year high.

Deposit-free mortgages are about to return to the housing market – but experts have warned they pose a risk of negative equity and threaten to destabilise the banking system. Skipton Building Society plans to launch a new loan that would allow borrowers to bypass standard deposit requirements by using their rental payment history. Borrowers typically […]

The UK’s housing model is broken and more homes are “desperately” needed, Michael Gove has said.

House prices fell at their sharpest rate for 14 years in March: Average property values dropped by 3.1% in the largest annual decline since July 2009

Mortgage lending in February fell to its lowest level since 2016, excluding the pandemic, the Bank of England has said.

The average interest rate charged by mortgage lenders is now much higher than many homeowners have been used to.

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. […]

UK house prices fell by 1.1% in the year to February, as higher mortgage rates and living costs made homes less affordable.