News

Unexpected Drop in UK Inflation Signals Potential Interest Rate Cuts

UK inflation fell to 1.7% in the year leading to September, the lowest in three-and-a-half years. This drop pushes inflation below the Bank of England’s 2% target, setting the stage for potential interest rate cuts. Lower airfares and fuel prices...

UK House Prices Continue Climbing for Third Consecutive Month, Approaching Record High

UK house prices rose for the third month in a row in September, coming within £100 of a record high. The increase was supported by rising wages and a reduction in interest rates, which have made mortgages more affordable for some homebuyers, according...

Busy Start to the Autumn Home-Selling Season

Autumn is an important time for the property market, as many people return from summer holidays and start considering a new home. After a quieter 2023, where rising mortgage rates and persistent inflation led some to postpone moving, we are now seeing...

Nationwide Offers Mortgages Up to Six Times Income for First-Time Buyers

Nationwide has announced a new mortgage offer aimed specifically at first-time buyers. Starting this week, the UK's largest building society will allow new borrowers to request a mortgage of up to six times their income, provided they can put down...

September 2024 Rental Market Report

Rental price growth is beginning to slow in London and other major cities, while smaller towns and rural areas continue to see rents rise. The latest trends in rental prices reveal a mixed picture across the UK, with different regions experiencing varying...

UK House Prices Reach Two-Year High

UK house prices hit a two-year peak in August, lifted by increased confidence amongst homebuyers following a recent interest rate cut, according to the UK's largest mortgage lender. Halifax reported that property prices rose by 4.3% compared to the same...