HOUSING NEWS

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.

UK house prices have grown at the fastest rate in 18 months but high mortgage rates mean many prospective buyers still face affordability challenges, Nationwide has said. The building society said the average house price in the UK was £266,334 across July, up 0.3% on the previous month. This resulted in an increase in the […]

UK house prices will increase “slowly but steadily” by 2 per cent over the second half of 2024, boosted by increased numbers of homes for sale and greater choice for buyers, according to property portal Zoopla. It found property prices have increased by 0.1 per cent over the past year to reach £265,600 on average but […]

The average UK home is now worth £2,400 more than it was 6 months ago. But if you own a terraced property in the north, it’s likely to be a lot more than that