House prices dipped in June

House prices dipped in June

Prices have gone down slightly in the past month, but Halifax says that it is still receiving a consistent volume of mortgage applications House prices dropped by 0.1% in June, according to Halifax. The lender has just published its monthly House Price Index and has...
Asking prices go up in March

Asking prices go up in March

While many predicted doom and gloom for the housing market this year, Rightmove’s latest house price survey says that asking prices increased in March. Despite a nervous start to 2023, the housing market has remained resilient. Property website Rightmove has revealed...
House prices expected to drop in 2023

House prices expected to drop in 2023

Halifax is expecting property prices to drop in the new year but says the price rises during the pandemic were some of the biggest the market has ever seen. The lender predicts that UK house prices will fall next year by around 8%. However, it says that forecast...
Bank of England base rate goes up to 3.5%

Bank of England base rate goes up to 3.5%

The Bank of England has just announced a base rate increase from 3% to 3.5%. The rate increased from 2.25% to 3% last month and has consistently risen in the last year. The base rate has increased again – this time from 3% to 3.5%. The base rate is the interest rate...