Get all your news in one place.

100's of premium titles.
One app.

Start reading

Get all your news in one place.

100's of premium titles. One news app.

Start reading

UNCOVERED: 11 | History Defined

UK house prices to fall by at least 10 per cent in 2023, experts predict

HOUSE prices in the UK will fall by at least 10 per cent in 2023, experts have predicted.

The National (Scotland)

Nearly 1,000 mortgages disappear from the market overnight after mini-budget

There were 2,661 mortgage products on the market on Wednesday, down from 3,596 on Tuesday. Many mortgages for new customers have been pulled from the market as banks adjust to the mini-budget.

Wales Online

‘Record overnight drop’ in choice of mortgages amid ongoing economic fallout

Last night’s fall was around double the previous record seen during the first coronavirus lockdown.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

‘Record overnight drop’ in choice of mortgage products

The fall was around double the previous record seen during the first coronavirus lockdown, Moneyfacts said.

The Independent UK

What the current financial climate really means for homeowners and buyers according to a Welsh mortgage broker - and his one piece of advice

One broker in south Wales said he's been "flat out with people panicking" since the Bank of England announced rates were going up

Wales Online

Nearly 300 UK mortgage deals pulled in a day as pound’s fall heralds rate rise

Santander, HSBC, Bank of Ireland, Clydesdale and building societies among those to withdraw products

The Guardian - UK

Savings accounts to receive boost as rates rise to highest levels in almost a decade

The average rates being offered on some savings accounts have reached their highest level in nearly a decade according to Moneyfacts.co.uk - and there's a wider choice of savings products available

Daily Mirror

Read news from The Economist, FT, and more,
with one subscription

More than 500 mortgage deals vanish from the market in the space of a month

Despite the selection of mortgage products narrowing, it could still be worth borrowers seeing if they could get a cheaper deal, Moneyfacts said.

The Independent UK

Key UK mortgage rate passes 4% for the first time since 2013

The price of a new two-year fixed mortgage is now rising faster than base interest rates, Moneyfacts data reveals

The Guardian - UK

Time to switch your current account? Banks up rewards to lure new customers

This summer is unusually awash with generous incentives to make the change but beware the catch

The Guardian - UK

Why aren’t banks passing on interest rate rises to customers?

Rates have gone up six consecutive times, yet very few savers are benefiting, researchers find

The Guardian - UK

Mortgages: your options if you want to switch deals or are a first-time buyer

The lowdown for different categories of borrower as interest rates continue to rise

The Guardian - UK

Average mortgages to go up by £50 a month

This adds up to an extra £605.16 in mortgage costs over the course of a year.

Wales Online

£50-a-month jump in average tracker mortgage costs following rate rise

The increase adds up to more than £600 extra in mortgage costs over the course of a year.

The Independent UK

Get all your
news in one place.

100's of premium titles.
One news app.

The Conversation

UK interest rate rise: what the Bank of England's historic hike means for your money

The Bank of England has raised its base rate by 0.5 percentage points, the largest single upward jump in 27 years. It takes the base rate to 1.75%, its highest level since 2008. This latest interest rate hike will affect personal finances and reflects the Bank’s efforts to control rampant…

Daily Mirror

Martin Lewis says savings rates hit a 10-year high - but many banks still ignore savers

Savings deals are paying decent interest rates again, and now MSE's Martin Lewis says if your bank isn't paying 1.5%, it's time to switch - and not to let rising inflation put you off

The Guardian - UK

Average SVR mortgage paid in UK tops 5% for first time since 2009

Typical amount borrowers pay rises to highest level in 13 years at 5.06% after successive interest rate rises

Wales Online

Credit card and loan interest rates are increasing

Across the credit card market, the average purchase APR (annual percentage rate) in June is 26.7%

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

‘Personal loan and credit card rates on the rise’

But in some better news for credit card borrowers, the average length of 0% balance transfer deals has increased, according to Moneyfacts.co.uk.

The Independent UK

UK house prices: Will rising interest rates cause a property market crash?

Property pices are rocketing but many experts are predicting a slowdown in price growth later this year, explains Ben Chapman

Daily Record

UK mortgage lenders told to ditch affordability test for potential buyers

Potential homeowners could find it easier to be approved for a mortgage as lenders are allowed to scrap an affordability test, the Bank of England has confirmed

Liverpool Echo

Mortgage rules to change for buyers in two months

The Bank of England has confirmed the change to mortgages

Daily Mirror

Mortgage affordability shake-up confirmed for buyers - what it means for you explained

The Bank of England has confirmed it is pushing ahead with scrapping a mortgage affordability test - despite interest rates climbing and fears that it could push house prices higher

The Guardian - UK

Average SVR paid by UK mortgage borrowers hits highest level in 13 years

Standard variable rate reached 4.91% at the start June – before last week’s rise in base rate by the Bank of England

Wales Online

Mortgage affordability rule to be axed from August 1

Aim is to get more first-time buyers on the property ladder

1 … 9 10 11 12

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.