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Tag: Bank of England

Housing transactions data
News

Reduced House Price Growth from Economic Turbulence & Increasing Mortgage Rates in Latest UK House Price Index

The annual percentage change for average UK house prices was 9.8% in the 12 months to December 2022, compared with 10.6% in the ...
By Property Notify15th February 20230
London
Finance

Although a Distinct Chill Descended in December it Wasn’t Cold Enough to Push Britain into Recession

Although a distinct chill descended in December, as bad weather, strikes and more painful price hikes blew in, the downturn wasn’t deep enough ...
By Susannah Streeter10th February 20230
Housing transactions data
News

Halifax House Price Index: Property Market Remains Largely Impervious to Any Notable Decline in House Prices

The start of 2023 has brought some stability to UK house prices, with the average house price remaining largely unchanged in January at ...
By Property Notify7th February 20230
Bank of England
News

Bank of England Raises Rates to 4%, Adding Yet Another Straw to the Cost of Living Camel’s Back

Today (2 February 2023) the Bank of England’s (BoE) Monetary Policy Committee (MPC) again took the decision to increase the UK base rate, ...
By Property Notify2nd February 20230
Housing transactions data
News

Nationwide House Price Index: Higher Borrowing Costs Lead to Slowing of House-Price Growth

The start of 2023 saw a further slowing in annual house price growth to 1.1%, from 2.8% in December. Moreover, January saw a ...
By Property Notify1st February 20230
First-Time Buyers
News

Young People More Likely to Opt for Tracker Mortgages

With those on tracker mortgages seeing significant hikes in their monthly repayments, homeowners without the safety net of a fixed-rate mortgage may be ...
By Claire Flynn31st January 20230
Data Trend
Finance

Confidence in UK Economic Growth Jumps by 21%

Investor confidence has surged into the Lunar New Year after China lifted its drastic Covid restrictions and hopes have risen that the end ...
By Susannah Streeter23rd January 20230
Mortgages, Houses for Sale
Featured

Mortgage Rates Have Been Declining Since November Despite Base Rate Increases

With the rising inflation and economic turbulence, UK mortgage rates changed significantly during 2022 leaving many households with concerns about rising mortgage payments. ...
By Claire Flynn20th January 20230
Lloyds Bank
Finance

Banking & Housing Sector Headwinds as Bank of England Data Shows Loan Default Trend

Caution is returning to the banking sector with Barclays leading the industry charge downwards in early trading, as worries whip up about loans ...
By Susannah Streeter19th January 20230
Housing transactions data
News

A Slight Fall in Prices Was to Be Expected in Latest UK House Price Index

The annual percentage change for average UK house prices was 10.3% in the year to November 2022, compared with 12.4% in the year ...
By Property Notify18th January 20230

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