Housing market sees \\'promising start to 2025\\', but …
7 hours ago · The average price of property coming to the market for sale has risen by 1.7% this month, the largest monthly jump in prices at the start of the year since 2020, according to the latest Rightmove ...
1 in 6 homeowners plan to move in 2025 as growth in mortgage …
6 days ago · Rent and mortgage spending grew 1.8% year-on-year in December, down from 8.2% in November, as more homeowners benefitted from base rate reductions.
FCA confirms it will simplify mortgage lending and advice rules ...
3 days ago · The FCA has responded to government calls for regulators to support growth in the mortgage market, outlining a series of regulatory changes it plans to introduce in 2025.. In a letter to Prime ...
Inflation eases to 2.5% but could mortgage rates
5 days ago · CPI inflation rose by 2.5% in the 12 months to December 2024, down from 2.6% in the 12 months to November. This was below market predictions of 2.6% with core inflation, which strips out volatile ...
Economists split on tomorrow's interest rate decision as inflation ...
Sep 18, 2024 · UK inflation was unchanged at 2.2% in August, in line with market expectations but below the Bank of England's forecast of 2.4%, leaving industry experts divided on the future path of Bank Rate.
Home sellers seeing lowest return in over a decade
Jan 13, 2025 · "Property prices rose 43% across the country between 2015 and 2024, compared to 64% between 2013 and 2022, just before mortgage rates spiked." - Aneisha Beveridge, head of research at Hamptons The ...
Bank of England reduces interest rates to 4.75%
Nov 7, 2024 · The Bank of England's Monetary Policy Committee has voted 8–1 to reduce Bank Rate from 5% to 4.75%. One member preferred to maintain Bank Rate at 5%.
Below-expected inflation paves the way for two interest rate cuts …
Oct 16, 2024 · CPI inflation has fallen from 2.2% in August to 1.7% in September, below the Bank of England's 2% target and below economists' forecasts of 1.9%.
99% mortgages, Budget news & stamp duty hikes: Financial …
Dec 23, 2024 · 99% mortgages, Budget news & stamp duty hikes: Financial Reporter's top 10 stories of 2024. 2024 has been another interesting – and difficult to predict – year for the mortgage market: and we ...
Equity release market sees consecutive quarterly growth for first …
Oct 23, 2024 · Equity release market sees consecutive quarterly growth for first time since mini-Budget. Q3 saw an 8% quarterly rise in existing customers taking further advances to extend their loans.