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News

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

Buyer demand increases

Buyer demand increases

New data reveals the housing market is slowly recovering, with buyer demand rising and supply of homes at a seven-year high. According to Zoopla’s latest house price index, the housing market is steadily recovering from the impact of higher mortgage rates, with house...

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Hottest spots for first-time buyers revealed

Hottest spots for first-time buyers revealed

Halifax unveils Britain’s most popular locations for new homeowners and what makes them appealing choices for buyers New research based on data from the Halifax House Price Index, has revealed Britain’s hottest locations for first-time buyers outside of London. While...

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Inflation goes up in July

Inflation goes up in July

CPI Inflation went back up in July compared to June, but the increase was predicted due to gas and electricity prices falling less than they did last year. July saw a 2.2% increase in Consumer Prices Index (CPI) inflation, up by 0.2% from the previous month, according...

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Lower mortgage rates from major lenders

Lower mortgage rates from major lenders

A number of major lenders have cut rates below 4% on five-year fixed-rate mortgages, and competition among lenders is hotting up. Following the Bank of England’s decision to reduce the base rate from 5.25% to 5% on 1 August, major lenders are reducing their mortgage...

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House price growth ‘highest since January’

House price growth ‘highest since January’

Halifax has reported another small monthly increase in house prices, with encouraging signs for the property market. House prices went up by 0.8% in July, according to Halifax. The lender's latest House Price Index, published on 7 August, revealed that annual growth...

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Most asking prices are being achieved

Most asking prices are being achieved

Property website Zoopla’s latest figures show that buyers are prepared to pay asking prices, and more properties are coming onto the market compared to 2023. The housing market remains stable, with 96.8% of asking prices achieved in July, according to property website...

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