News

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

Mortgage affordability improves

Mortgage affordability improves

Latest research from the Nationwide Housing Affordability report suggests good news – although borrowers are still stretched. According to the latest research from the Nationwide Housing Affordability Report, there has been a modest improvement in UK housing...

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Significant rise in 35-year term mortgages

Significant rise in 35-year term mortgages

An increasing number of borrowers will be repaying their mortgage into their 70s, research has revealed. There has been a significant rise in the number of people taking out mortgages with terms of 35 years or more, according to data from Quilter. It found that within...

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Mortgage rules could be relaxed

Mortgage rules could be relaxed

After rules were tightened following the 2008 financial crisis, the Financial Conduct Authority is considering easing them to potentially make borrowing easier. In a newly published letter, the Financial Conduct Authority (FCA) has said it is looking to simplify...

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UK inflation falls in December

UK inflation falls in December

In surprising news, annual inflation dropped to 2.5% in December. Find out more about what this could mean for future interest rates and your finances. The latest inflation data is in, and December brought some unexpected news. Consumer Prices Index (CPI) inflation...

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House prices dipped in December but rose annually

House prices dipped in December but rose annually

Halifax reveals last year’s regional rises and falls and what the property market may have in store for 2025. House prices decreased slightly in December, according to Halifax. The latest figures from the lender showed that prices went down by 0.2% in December, but...

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