Bank of England warns mortgage defaults to rise in months ahead Survey of lenders paints gloomy picture of new deals drying up and end to ‘golden era’ of cheap mortgages
UK’s 13-year housing market boom to end in 2023, surveyors predict RICS report says rise in repossessions will add to supply while soaring interest rates price buyers out of market
The Bank of England’s lifeboat is in choppy waters with its bond buying Pensions hedging crisis shows how the City never seems equipped to handle the next big financial hazard
Rise in UK borrowers falling behind on mortgage payments, says Santander Boss says bank is putting aside more money for potential defaults linked to cost of living crisis
US is headed for a recession, says head of JP Morgan Chase bank: ‘This is serious’ Jamie Dimon said the Federal Reserve ‘waited too long and did too little’ as inflation has surged in the past 18 months
May I have a word about… why the market is always spooked I know we are in volatile financial times but let’s at least have a bit of linguistic variation
OBR forecasts likely to show £60bn-£70bn hole after Kwarteng’s mini-budget Predictions handed to chancellor expected to paint gloomy picture for UK economy amid sweeping tax cuts
Kwarteng considers extending mortgage guarantee scheme Initiative may continue beyond December as bank bosses raise concerns over mortgage market
Credit Suisse puts Zurich hotel up for sale in urgent liquidity dash Ailing Swiss bank’s share price has collapsed after being hit by series of crises
Rates for two-year fixed mortgage pass 6% mark for first time since 2008 News comes day before UK chancellor is due to discuss impact of market turmoil with high street lenders
UK mortgages: average rate on a two-year fixed deal soars to nearly 6% Government’s 45p tax U-turn and calmer stock markets do not result in cheaper new mortgage deals
Cost of insuring against Credit Suisse defaulting reaches record high Investors rush to buy credit default swaps as worries grow over solidity of bank’s balance sheet
Property prices dropped further in September and falls ‘could accelerate’ again with rate rise Investors and banks predict RBA will raise cash rate further on Tuesday, while rent increases begin to slow around Australia
‘We will likely lose our dream house because of Kwarteng’s actions’ Three homebuyers on how they have been affected by the collapsing mortgage market
Bond yields and doom loops: glossary of key terms to explain UK turmoil Your one-stop shop for all the jargon you’ve been reading since Kwasi Kwarteng’s mini-budget