News

The latest news and information on mortgages, the property market and other financial matters.

Base rate held at 4.75%

Base rate held at 4.75%

Base rate is unchanged in December’s review, possibly due to inflation creeping up again in November. The Bank of England has today voted to keep the base rate at 4.75%. While many might have hoped for another rate cut following November’s reduction from 5%, inflation...

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UK mortgage market predicted to grow next year

UK mortgage market predicted to grow next year

Gross mortgage lending is forecast to rise by 11% as affordability improves, and steady growth is predicted for 2025. UK Finance has recently released its latest housing and mortgage market forecasts, which project continued growth throughout 2025. The forecasts...

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Self-employed mortgage market set to rise

Self-employed mortgage market set to rise

The changing face of the workplace means the number of ‘non-standard’ mortgage applications is set to grow by 67% over the next five years. According to new research from specialist lender, Together, lending to self-employed mortgage applicants is set to grow from...

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House prices see the biggest increase this year

House prices see the biggest increase this year

The property market is showing encouraging signs of being busy and thriving, according to new figures from Halifax. House prices have gone up by 4.8% annually, compared to 4% last month, according to the lender. Halifax's latest House Price Index, published on 6...

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