Average UK house price falls for fourth month in a row, says Halifax
Figure of £281,272 comes as property values drop by 1.5% in December, after 2.4% decline in November The average UK house price fell for the fourth month in a row in December, according to Halifax, with experts expecting a further slowdown amid a long recession. Property values decreased by 1.5% in December, the lender’s monthly […]
Average House Price in the UK Falls for the Fourth Month in a Row
The average house price in the UK fell for the fourth month in a row in December, dropping by 1.5% caused by the rising cost of living and elevated interest rates. Halifax revealed that the average house price now stands at £281,272 stating that they expect ‘a reduction in both supply and demand overall, with […]
UK house prices fall as cost of living crisis and higher interest rates slow housing market – business live
Halifax reports that average UK house prices fell 1.5% in December, the fourth monthly drop in a row, pulling annual growth down to 2% Energy news: Shell says it expects to pay around $2bn over the fourth quarter of last year, due to windfall taxes in the European Union and the UK. The oil and […]
UK homeowners: are you considering downsizing for cheaper mortgage repayments?
We’d like to hear from homeowners in the UK who are thinking of downsizing to a cheaper property in order to reduce monthly mortgage payments As disposable incomes in the UK are forecast to slump by 3.8% in 2023, and more than five million families could see their annual mortgage payments rise by an average […]
Cost of living: House prices drop by 2.3% in a month – Halifax
The mortgage lender says the annual rate of growth in property prices fell from 8.2% to 4.7%.
House prices see biggest fall for two years, says Nationwide
Prices fell 1.4% in November as higher interest rates put off buyers, Nationwide says.
HSBC to close more than one in four bank branches in the UK
Round of 114 site closures in 2023 will cut total to 327 as bank reveals usage by regular customers has fallen by two-thirds Full list of HSBC closures: is your local branch on it? HSBC is to shut a further 114 branches in the UK – more than a quarter of its network – after […]
High-rise mortgage costs see surge in rents across the UK
House prices may be falling as interest rates climb, but there’s no respite for tenants as property shortages bite It’s a tale of two markets: while private rents have soared to record highs in the UK, making life precarious for tenants, the for-sale sector has slowed sharply and property values have started to fall, with […]
UK Bad Credit Loans Review: Leading Credit Broker For Payday Loans In The UK
If you happen to have a few bumps in your credit history in the past, such as missing a payment on a debt, whether it be a personal loan, credit card, or mortgage, then it can often be quite difficult to obtain new credit in the future due to a bad credit score. However, you […]
Rent to Rent HMO – too good to be true? (UK)
The strategy of Rent to Rent HMO has caught my attention recently – it seems like a low cost/capital strategy to get into property investing. From my understanding, this strategy involves becoming a tenant of a HMO and assuring the landlord a guaranteed rent, however with an agreement in place that you can sublet the […]