UK house prices drop due to ‘affordability pressures’ and soaring mortgage costs Property Nationwide's latest House Price Index showed that while the cost of property fell month-on-month, the annual rate of change slowed too.
Impact of Bank of England interest rate hikes wanes as mortgage approvals rise UK Economy Bank of England figures showed that net mortgage approvals climbed again to 61,300 in March, slightly above the 60,500 seen in February and roughly in line with economists' expectations.
London house prices fall on back of rising mortgages and stamp duty Property London buyers are seeing the highest average difference in annual mortgage repayments, rising £7,500 pounds since 2021, the latest reading from property portal Zoopla has shown.
Mortgage and valuation giant LSL Property Services continues strong start to 2024 with share buyback April 25, 2024 LSL Property Services, one of the largest providers of mortgage and valuation services, has continued its strong start to 2024, surpassing analyst expectations.
Pair handed suspended prison sentences for ‘systematic’ £3m mortgage fraud March 28, 2024 Two men have received suspended prison sentences for making £3m worth of fraudulent mortgage applications following a prosecution brought by the Financial Conduct Authority (FCA).
Mortgage approvals rise to highest level in a year – but UK housing market rebound unlikely to last February 29, 2024 The figures show that the housing market is steadily rebounding from the impact of higher interest rates.