NEWS

House prices went up in December

House prices went up in December

Last month, house prices went up again, with Wales, the North West and Northern Ireland all showing considerable price growth. UK house prices increased again in December for the sixth month in a row, rising by 1.1 per cent according to figures released by Halifax....

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An overview of the property market in 2021

An overview of the property market in 2021

The housing market has boomed this year. We look back on the property market trends and what may be in store for 2022. The property market has positively soared in 2021, despite the pandemic and its adverse effect on the economy.House prices have continued to rise....

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Interest rates go up

Interest rates go up

The Bank of England has increased interest rates from 0.1 per cent to 0.25 per cent. Here’s what it means and how it may affect you. The Bank of England’s Monetary Policy Committee has increased interest rates to 0.25 per cent in a surprise decision. The Monetary...

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House prices keep going up

House prices keep going up

Rising house prices have been achieved for the fifth month in a row according to Halifax – with the average house price now over £272,000. We look at the areas that have seen the most growth. House prices have risen for the fifth straight month in a row, with growth...

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More home buyers than properties

More home buyers than properties

House price growth continues and there are more buyers than properties, so the market remains very competitive, with multiple buyers competing over one property. Property website Zoopla states that the annual rate of UK house price growth is currently at 6.9 per cent...

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When will interest rates rise?

When will interest rates rise?

With inflation at its highest level in ten years, surely interest rates must be set to rise and what will this mean for those looking to get a good deal on a mortgage? UK inflation has jumped to its highest level in a decade. Inflation went up from 3.1 per cent in...

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Homemover numbers at their highest in 14 years

Homemover numbers at their highest in 14 years

Over 461,000 people moved home in the 12 months to June 2021 – an increase of 52 per cent compared to the previous 12 months. The pandemic has had a big impact on our lives in various ways. Many people are rethinking their purpose in life, including what they want to...

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The pandemic causes financial worries for many young people

The pandemic causes financial worries for many young people

Money worries are increasing among young people because of the pandemic, and this is having a huge impact on their mental health according to The Mix, a website offering support to under 25s. Worrying statistics from a new online survey of over 2000 16 to...

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House prices climb again in October

House prices climb again in October

Halifax has released its House Price Index for October which shows yet another increase in prices, despite the end of the stamp duty holiday on 30 September. House prices in the UK have reached a record high according to new data released today (5 November) by...

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Mortgage rates are rising but good deals still exist

Mortgage rates are rising but good deals still exist

Thinking of getting a mortgage or remortgaging? Now is the time to do it as some lenders are increasing rates on their mortgage loans ahead of the predicted interest rate rise. Here’s how to get the best deal on your mortgage. If you’ve been reading the news, you may...

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