Rightmove reveals fixed-rate mortgages back over 5 per cent as house prices slip again Property Average house price down to to £299,313 in April from £299,609 the month before A closely-watched survey from one of the UK’s biggest home loan providers has found that house prices slipped again last month. The Halifax said the prospect of higher bills at a time of rising inflation was a factor in the market. [...]
FTSE 100 Live: Stocks jittery amid oil tensions; Khan woos Anthropic AI Markets Good morning and welcome back to the City AM liveblog. Inflation fears have dominated the week and as for the time being, they don’t look to be heading anywhere. The FTSE 100 ended Thursday’s session slipping 1.5 per cent to 10,413.94p as markets battled renewed fears of an energy crisis. Brent crude futures – the international [...]
UK house prices reach record levels with demand set to continue Property House prices have now reached record levels as lower mortgage rates have helped improve buyer confidence for the fifth month in a row. According to the Halifax House Price Index, UK house prices rose 1.3 per cent in November, the biggest increase this year. November’s increase pushed the annual growth rate up 4.8 per cent, [...]
Halifax: House prices stagnate in April as affordability issues push buyers towards flats May 7, 2024 The outlook for the housing market is mixed, although the latest figures from Halifax show prices have been rising.