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House prices went up in December

House prices went up in December

The property market has outperformed expectations and seen an increase in house prices in the last month, according to Halifax. UK house prices have risen for the third month in a row. Halifax says that average house prices went up by 1.1% in December and that prices...

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Mortgage rates fall again in January

Mortgage rates fall again in January

Mortgage rates have come down again, so does this mean that rates will continue to fall? Earlier this week, it was announced that one of the major banks was offering lower than 4% mortgage deals, with more lenders expected to follow suit. It’s important to note that...

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The base rate remains at 5.25% again

The base rate remains at 5.25% again

The Bank of England reviewed the base rate on 14 December and chose to keep it the same for the third consecutive time. The Bank of England’s Monetary Policy Committee (MPC) has today voted to keep the base rate at 5.25%. The rate increased 14 times between December...

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House prices went up in November, says Halifax

House prices went up in November, says Halifax

The lender has published its House Price Index, showing another month of price growth, and optimism in the property market has also improved. House prices went up by 0.5% in November, according to Halifax’s House Price Index. Last week, we reported that Nationwide’s...

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House price recovery continues, says Nationwide

House price recovery continues, says Nationwide

UK house prices increased for the third consecutive month in November. Want to know more about what's happening in the property market? Read on… House prices rose by 0.2% in November, which was the third consecutive monthly increase, according to the latest Nationwide...

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Mortgage Guarantee Scheme Is Extended

Mortgage Guarantee Scheme Is Extended

First-time buyers may be pleased to hear that in today’s Autumn Statement, the Chancellor revealed that the Mortgage Guarantee Scheme will continue into 2024 and the first half of 2025. Chancellor Jeremy Hunt has just announced that the Mortgage Guarantee Scheme has...

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What does the inflation drop mean for mortgages?

What does the inflation drop mean for mortgages?

Inflation fell to its lowest rate for two years in October, and the latest month-on-month drop was slightly larger than anticipated. What does this mean for the mortgage and property market? Consumer Price Index (CPI) inflation (which relates to goods and services)...

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Locations where house prices have risen

Locations where house prices have risen

Over the past year, we’ve seen house prices decline in general, but some regions of the UK have seen prices move in a positive direction. Read more… Despite average house prices falling by 3.9% over the past year, some areas in the UK have bucked the trend and seen...

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House prices went up in October

House prices went up in October

A slight increase in property prices was seen last month by Halifax, despite sellers being more cautious and buyer demand being down UK house prices went up in October for the first time in six months, according to Halifax. The lender says average house prices rose by...

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