Despite the Bank of England’s “tough talk on rates”, economists anticipate cuts to the Bank Rate next year – earlier…
Browsing: UK Property Finance
By Nick EdserBusiness reporter7 December 2023Image source, Getty ImagesHouse prices rose again last month and there are signs that activity…
Cooling inflation rates could reduce the interest payments due on variable mortgage plans, but analysts warn this won’t happen just…
House prices: Typical UK home now costs £283,615, around £1,300 more than last month. (Andrei Nekrassov)UK house prices rose for…
Financial Policy SummaryThe Financial Policy Committee (FPC) seeks to ensure the UK financial system is prepared for, and resilient to,…
Mr Harvey said wealthy overseas individuals were “walking away” because it is cheaper than refixing in the current mortgage market.He…
“Some borrowers facing higher interest rates have taken out mortgages with longer terms,” said the Bank’s Financial Policy Summary in…
Close Brother Property Finance CEO Frank Pennal (pictured) will retire in January next year and will be succeeded by…
UK mortgage approvals exceeded expectations in October, with net mortgage approvals for house purchases rising to 47,400 in October from…
UK property transactions are down as mortgage interest rates remain high. Photo: PA/Alamy (William Barton)UK property transactions fell 17% in…