People up and down the country are feeling the strain of the cost of living crisis.With interest rates rising sharply…
Browsing: UK Property Finance
The proportion of mortgage balances in arrears hit the highest level level in six years in Q3 of this year.…
Virgin Money have just announced they are reducing rates on selected products on Thursday 14th December. Brokers said the cuts…
Stay informed with free updatesSimply sign up to the UK property myFT Digest — delivered directly to your inbox.UK mortgage…
In signs of pressure on household finances, the value of outstanding mortgage balances with arrears increased by 11.4% from the…
Britain’s mortgage lenders reined in the pace of making new loans sharply in the third quarter as arrears jumped, a…
The squeeze on mortgage-holders is tightening.Higher interest rates are really starting to hit households’ finances – which is exactly what…
11 December 2023Image source, Getty ImagesUK lending for house purchases will fall by 8% in 2024, a trade association representing…
House prices: average new seller asking prices dropped to £355,177 this December. (William Barton)The average UK house price is expected…
Mortgage lending has been forecast to fall next year. (Andrew Boyers / reuters)A ‘sharp contraction’ has been forecast for mortgage…