Tenants in Britain ‘hit by highest increase in rent for a decade’ last month Estate agent Hamptons estimates rise of 10.2% year-on-year means people paid record £85bn in rent this year
Average UK two-year fixed mortgage rate drops below 6% to six-month low Data shows cost of borrowing still falling from highs of summer, with five-year fix also down
UK house prices rise again as easing of mortgage rates tempts more buyers Monthly increase of 0.5% in November comes as average price of property goes up to £283,615, says Halifax
London borough of Richmond is ‘happiest place to live in Great Britain’ Access to huge parks, restaurants and transport links plus a Ted Lasso-factor lead area to top Rightmove’s ‘happy at home’ index
UK house prices likely to fall by 1% next year, says Rightmove Competition among sellers will increase as mortgage rates settle at ‘elevated’ level, website predicts
If taxing the rich is so fraught, maybe we need a rethink The cost of government is rising, yet raising taxes is bad politics. From productivity to ‘degrowth’, the left ought to get behind the more radical approaches
UK house prices rise for third straight month as mortgage rates fall Nationwide says average property price was £258,557 in November, £5,231 down on same month last year
Average rent in Great Britain up by more than a quarter since start of Covid Rise due to shortage of properties has been worsened by soaring interest rates, Savills finds
‘A buyer’s market’: average £18,000 knocked off UK property asking price, says Zoopla Average discount stands at five-year high despite ongoing long-term shortage of homes for sale
Cashing in? The mortgage-free landlords who are raising the rent anyway Majority of letters with no exposure to rising interest rates are demanding more money in new tenancy agreements
Average UK house sale price suffers first annual fall for 11 years ONS says average price dropped 0.1% year on year in September, with those in London decreasing 1.1%
Rising interest rates wipe £200m off British Land’s property portfolio Underlying profits, however, up 3.4% to £142m in half year to end of September, driven by higher market rents
Landlords sell up in Great Britain as buy-to-let market sours Owners sell to offset losses from tax changes and rate hikes, meaning fewer homes to rent and thus higher rents
New mortgage deal falls below 5% in ‘watershed moment’ for UK homeowners Nationwide’s two-year fixed rate deal offered at 4.99% as lenders jostle for customers
UK housing market is past its ‘peak pain’, declares Savills Upmarket estate agent says prices will start to bottom out in 2024 as interest rates fall and will return to growth in 2025