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364 Search results for Soaring mortgage rates

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  • What is going on with London house prices? It’s messy, but green shoots are appearing

    April 22, 2024

    After a challenging few years green shoots appear to be emerging in London’s property market. 

  • M&S aims to launch banking and loyalty ‘superapp’ in long-term commitment to financial services

    March 17, 2024

    Marks & Spencer (M&S) is reportedly close to a seven-year agreement with HSBC to overhaul its banking division as a financial services and loyalty "superapp".

  • Jeremy Hunt admits National Insurance won’t be scrapped ‘any time soon’

    March 7, 2024

    Jeremy Hunt has admitted scrapping National Insurance (NI) - as he hinted at in Wednesday’s Budget - won’t happen “any time soon”.

  • Nationwide agrees terms for £2.9bn Virgin Money takeover to create second-largest UK mortgages and savings provider

    March 7, 2024

    Nationwide, the UK’s largest building society, has struck a preliminary agreement to acquire Virgin Money, Britain’s sixth-biggest high street bank, valuing the latter at around £2.9bn.

  • UK housing market: Borrowers weigh up taking the plunge, or waiting for rates to fall further

    February 7, 2024

    After a torrid year, the outlook for the UK’s property market is poised to improve. A number of reports have suggested that house prices will continue to drop, which will hopefully help more would-be-buyers finally get on the housing ladder, even if this negatively impacts those who already have property, and want to see its [...]

  • House prices: Recovery speeds up as more than half of Brits now tap up parents to get on the ladder

    January 31, 2024

    House prices rose 0.7 per cent in January as cooling mortgage rates are continuing to help repair the market, a new report from Nationwide said. 

  • Mortgage approvals hit six month high in fresh boost for house buyers

    January 30, 2024

    Mortgage approvals rose again last month and climbed to the highest level in six months, in the latest signal that lower borrowing costs are helping aid recovery in the property market.  New figures from the Bank of England show the number of buyers receiving a green light grew from 49,300 in November to 50,500 in [...]

  • London house prices: Best time to buy since 2016, experts say, but it won’t last

    January 29, 2024

    House prices in London are more affordable but the capital has been warned not to “get carried away” amid a frenzy of mortgage rates cuts. 

  • Our credit scoring system is out of date and Generation Rent is paying the price

    January 23, 2024

    Many Brits are forking out thousands on rent but remain credit-invisible; unlocking data could be the solution, writes Alex Marsh.

  • Card spending jumps in 2023 as Brits splash out on travel and booze

    December 29, 2023

    Debit and credit card spending jumped this year despite inflation and higher household bills, as Brits forked out on holidays and booze.

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