UK house prices returned to growth in May after rising by 0.4%, according to Nationwide, as buyers’ confidence was buoyed by wage growth and lower inflation.
HOUSING NEWS
Mortgage rates cut but borrowing pressures remain…
Several lenders are reducing their interest rates on new fixed mortgages, offering a glimmer of hope to hard-pressed borrowers.
Surge in ultra-long mortgages among under-30s…
Hundreds of thousands of homeowners have taken out mortgages in the last three years that they will still be paying off into retirement, estimates suggest.
Why mortgage rates are going up, not down…
Anyone thinking of buying a first home or moving to a new one will have watched recent increases in mortgage rates with concern.
Three major lenders to raise mortgage rates…
Three major lenders have announced they will raise rates on new fixed deal mortgages on Tuesday.
Mortgage costs rise as banks confirm higher rates…
Many homeowners could face higher monthly payments after some of the UK’s biggest lenders confirmed mortgage rate increases.
What’s happening to house prices???
Prices fell by around 1% in 2023, and further drops could be on the cards
House prices to rebound by end of the year…
House prices are tipped to bounce back sooner than expected after the number of new buyers entering the market rose for the third consecutive month.
UK house prices fall for first time in six months…
House prices fell in March for the first time in six months, according to the latest data from Halifax.
Nationwide: House price growth remains subdued in March…
House price growth was “subdued” last month as higher mortgage rates affected affordability, the Nationwide has said.
