UK house prices experienced a notable increase of 2.1% year-on-year in July, marking the highest annual growth rate since the end of 2022. This surge in property values
Interest Rates See First Drop in Over Four Years
Nikka Sulton
Interest rates have been reduced for the first time in more than four years, with the Bank of England lowering the rate from 5.25% to 5% on Thursday.
Interest Rate Decision Day: Experts Split on Outcome
Nikka Sulton
There is considerable debate about the Bank of England’s upcoming decision on interest rates, with opinions sharply divided. The Bank’s monetary policy committee is scheduled to meet this
Mortgage Approvals Dip
Nikka Sulton
Mortgage approvals saw a minor decrease last month, but there remains strong borrowing activity among Britons aiming to enter the housing market. According to recent data from the
6 Major Lenders CUT Interest Rates Before BoE Meeting
Nikka Sulton
NatWest, Halifax, and Virgin Money are the latest lenders to announce reductions in mortgage rates, just before the Bank of England’s base rate decision scheduled for tomorrow. This
One in Eight Homes for Sale Was a Former Rental – Zoopla
Nikka Sulton
A recent analysis by Zoopla shows that approximately one in eight homes currently for sale were previously used as rental properties. This figure stands at 12% and has
July’s Record Rental Price Surge – Shocking Figures Unveiled
Nikka Sulton
In July, the Goodlord Rental Index reported unprecedented rental prices, marking a new record for the highest averages ever recorded. The average cost of renting a property in
Bank Of England To Cut Interest Rates This Week?
Nikka Sulton
Money markets are predicting a possible cut in UK interest rates by the Bank of England (BoE) this Thursday, despite persistent inflation in the services sector. Current odds
Mortgage Interest Rate Rises Are Over
Nikka Sulton
Lloyds’ Chief Executive, Charlie Nunn, has signalled the end of a period marked by sharp increases in mortgage rates, suggesting that home loan prices are likely to stabilise
How Do Swap Rates Impact Your Mortgage
Nikka Sulton
With mortgage rates frequently featured in the news, it’s important to understand terms like swap rates and base rates. Clare Beardmore provides a clear explanation of these concepts
