Mortgage options reach 16-year high as banks offer lowest rates since June January 8, 2024 The number of mortgage options for borrowers has reached its highest level in almost 16 years, according to financial information website Moneyfacts, as banks slash rates to compete for business in a smaller market.
Natwest chair says “it’s not that difficult” to buy a house. The data disagrees. January 5, 2024 House prices continue to outpace wage growth but Natwest chair Sir Howard Davies has told youngsters it's "not that difficult" to get on the ladder
UK banks set for strong earnings in 2024 despite margin pressures, S&P says January 4, 2024 UK banks are set to see strong earnings in 2024, according to ratings agency S&P, due to robust credit fundamentals and easing margin pressures.
Mortgage approvals rise as rates cool – but the housing market is not out of woods yet January 4, 2024 According to the latest reading from the Bank of England (BoE) net mortgage approvals for house purchases rose from 47,900 in October to 50,100 in November.
Mortgage price war set to intensify as Halifax, HSBC lead charge slashing rates January 3, 2024 The new year has kicked off with a mortgage price war, according to brokers, as lenders slash deals to compete for business in a market under pressure from high interest rates.
UK banks’ costs in focus in 2024 as interest rates go from boon to burden January 1, 2024 UK banks' cost control will be a key focus in 2024 as the tailwind from high interest rates gives way to mounting margin pressure, analysts have told City A.M.
Seven things banks will be looking out for in 2024 December 31, 2023 A challenging year is in the offing for lenders – from regulatory reform to fraud crackdowns
Nationwide: House prices fell nearly 2 per cent in 2023 as higher mortgage costs bite December 29, 2023 House prices in the UK fell 1.8 per cent over the course of 2023, according to the latest data from the Nationwide House Price Index.
Which banks were the winners and losers of 2023? December 29, 2023 After a year of big headlines, which UK banks pressed ahead and which fell behind in 2023?
Falling mortgage rates to provide support for house prices in 2024 December 21, 2023 Interest rates are expected to fall in the first half of next year after new figures showed that inflation dropped to 3.9 per cent in November, down sharply from 4.6 per cent the month before.