HOUSING NEWS

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.

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.

Official figures show loan approvals in December hit lowest level – covid aside – for 14 years

House prices in the UK fell for the fifth month in a row in January, according to Nationwide Building Society.

Housing minister responds to pressure by giving builders until 17th March to finish homes bought under support scheme

UK housing market declined in December as economy faltered, says RICS. Buyer demand fell but energy efficient homes are holding their value, according to surveyors.

Optimistic sellers raise asking prices and buyer enquiries see the largest New Year bounce since 2016

UK house prices set for 15% drop.

Housebuilder Barratt says it has seen a “marked slowdown” in the UK housing market over the past six months.

The average house price in the UK fell for the fourth month in a row in December, as the rising cost of living and higher interest rates hit home.