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EXPLAINED: 22 | Rare Historical Photos

UK house price falls spread; Wilko falls into administration; US inflation rises to 3.2% – as it happened

RICS house price balance drops again … as more mortgage holders fall into arrears and Wilko takes ‘difficult decision’ to enter administration

The Guardian - UK

Four of Britain’s biggest lenders cut rates on fixed mortgage deals

Halifax, HSBC, Nationwide and TSB reduce rates, easing pressure on hard-pressed homeowners

The Guardian - UK

Major lenders poised to reduce some mortgage rates

Nationwide Building Society, HSBC UK and TSB are expected to cut some home loan rates from Wednesday.

The Independent UK

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UK interest rate rise: what it means for you

How the new base rate may affect mortgage holders and savers

The Guardian - UK

Bank of England hikes interest rates for 14th consecutive time despite inflation slowdown

Central bank raises interest rates to highest level since February 2008

The Independent UK

UK house prices drop at sharpest annual rate in 14 years – here's what you need to know

Nationwide reveal that housing affordability 'remains stretched'

Ideal Home

House price falls aren’t a patch on the bad old days

City Comment: House prices might be falling, but they’re still close to all-time highs

Evening Standard

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‘Soft landing’ for house prices is still possible, Nationwide says

The average cost of a home in the UK dipped 0.2% to £260,828 in July

Evening Standard

UK house prices fall at fastest annual rate for 14 years

The price of a typical home is now 4.5 per cent below the August 2022 peak

Evening Standard

UK house prices fall at fastest rate since 2009 after interest rate rises

Nationwide says cost of a typical home is £260,828 after 3.8% year-on-year drop in July

The Guardian - UK

UK recession fears swirl as factory output falls and house prices slide – as it happened

Nationwide reports average house prices fell 3.8% in year to July, biggest annual drop in 14 years, while manufacturers suffer worst month of 2023

The Guardian - UK

Recession fears as house prices slump and manufacturers suffer worst month since lockdown

Price of a typical home is now 4.5 per cent below the August 2022 peak

The Independent UK

UK house prices fall at fastest annual rate in 14 years

The price of a typical home is now 4.5% below the August 2022 peak, Nationwide Building Society said.

The Independent UK

Big UK lenders cut fixed mortgage deals in sign rates may be close to peaking

Moves by Nationwide, HSBC and TSB come after fall in inflation eases fears over future interest rate rises

The Guardian - UK

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Evening Standard

Homeowners hope mortgage rates have peaked as Nationwide becomes biggest lender yet to cut prices

Nationwide joins HSBC and Barclays among top lenders in lowering its rates

Evening Standard

Lender ‘hung me out to dry’, says de-banked customer

Accountant Ameet Shah saw all his accounts frozen earlier this year without notice or explanation.

The Independent UK

HSBC, Nationwide and TSB failed to send transaction histories to some customers

The providers breached a requirement that payment transaction histories should be provided to customers when they close their account.

Evening Standard

Average 5-year fixed-rate mortgage hits 6.3 per cent deepening UK’s home loan misery

Britain’s home loan misery was growing on Friday as the average five-year fixed-rate mortgage hit 6.3 per cent.

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The Independent UK

UK’s biggest mortgage lenders in 2022 ranked

Lloyds Banking Group has held its position as the UK’s biggest mortgage lender but some providers moved up or down the tables.

Evening Standard

Mortgage rates could climb even further after hitting 15-year high today

Lenders, brokers and property experts all see further rises this year, but hope pressure will ease in 2024

The Guardian - UK

UK mortgage payers must brace for even higher borrowing costs, IMF warns

International Monetary Fund backs Bank of England on whatever tough action needed to control inflation

Daily Mirror

Nationwide expects house prices to FALL by 6.5% from peak seen last year

UK house prices are expected to fall from their peak in August last year following the 13 consecutive interest rate hikes from the Bank of England and rising mortgage rates

Daily Mirror

What is happening to house prices and mortgages? Everything you need to know

The property market is cooling and house prices are falling from their peak - all as mortgage rates continue to rise, hitting a 15-year high today and the worst level since the aftermath of the Mini-Budget

Daily Record

RBS and Natwest announce closure of 36 branches across UK - check the full list

NatWest will close 34 additional branches between September 2023 and July 2024, with their sister bank, RBS, shutting down two more branches by November this year.

Nottingham Post

Natwest and RBS announce 36 branches to close - full list

Move means many communities will lose their access to high street banking

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