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The Latest Breaking News from Andrew Montlake

Average UK house price was £3,000 lower in October than a year earlier

House prices have fallen annually as private rental prices have increased at a record pace, according to Office for National Statistics figures.

The Independent UK

Hopes raised that upward pressure on mortgage rates could start to ease

Consumer Prices Index inflation was 7.9% in June, down from 8.7% in May.

The Independent UK

Martin Lewis shares when interest rates are predicted to fall and what you should do about a fixed deal

'But all forecasts could be wrong - we don’t know'

Wales Online

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Rise in mortgage rates on Thursday looks inescapable, say experts

Further monetary tightening risks deepening the financial pain for people and businesses, according to some commentators.

The Independent UK

New zero-deposit mortgage launched for renters aspiring to be homeowners

The deal from Skipton Building Society will help some of the new generation of home-buyers to ‘get off the rental treadmill’, one expert said.

The Independent UK

‘Latest body blow to household finances’ as Bank of England base rate raised

Thursday’s base rate increase will add around £23.71 per month or more than £284 per year to the average tracker mortgage, industry figures show.

The Independent UK

Property slowdown seen as red flag for sector amid mortgage crisis

The monthly pace of house price growth slowed for the first time since July 202

Evening Standard

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200,000 more people a year ‘will be lifted out of paying stamp duty’ - OLD

The nil rate stamp duty band has been doubled to £250,000, with the threshold for first-time buyers rising to £425,000.

The Independent UK

Average UK house price hit record high in August, says Halifax

But the bank warned that a more challenging period for house prices should be expected

The Independent UK

Average UK house price hits record high of £294,260 in August, says Halifax

But the bank warned that a more challenging period for house prices should be expected.

The Independent UK

Mortgages for first-time buyers: a guide to buying property amid rising interest rates

Soaring costs and rising interest rates may give would-be homebuyers pause for thought, but industry experts say the key is not to panic.

Evening Standard

House prices hit new record but growth expected to slow

The rate of growth will slow by the end of 2022, Halifax said.

The Independent UK

£24,000 annual increase in average UK house price

The annual rate of house price growth slowed to 9.8% in March, the Office for National Statistics said.

The Independent UK

House sales in March down by more than a third compared with a year earlier

Buyers had been rushing to make the most of a stamp duty holiday in March last year, meaning sales were bunched up.

The Independent UK

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The Independent UK

House sales down by a fifth in February compared with a year earlier

Transactions in February this year were around 20.8% lower than in February 2021, HM Revenue and Customs said.

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Office for National Statistics

Skipton Building Society

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Yorkshire Building Society

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