Category: Mortgage rates

Surge in larger homes for sale amid capital gains tax fears, Rightmove says

Speculation Rachel Reeves to raise tax in budget thought one reason for some homeowners cashing outGrowing speculation about a capital gains tax (CGT) raid in October’s budget appears to have prompted a surge in the number...

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UK house prices stabilise as rising wages and consumer confidence steady market

Average price of a home dipped by 0.1%, says Halifax, bringing cost of typical property down to £288,688Business live – latest updatesUK house prices held steady in May underpinned by rising wages and an increase in...

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Ministers’ 99% mortgage idea could overheat UK housing market, say experts

Scheme to support first-time buyers that would appeal to young voters reportedly being considered by No 10Ministers could be at risk of fuelling a fresh house-price bubble, according to industry experts who have warned about a...

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UK homeowners face £19bn rise in mortgage costs as fixed-rate deals expire

Up to 1.5m households expected to face sharp increase this year, with inflation and tax rises also denting spending power‘Sleepless nights’: UK homeowners fear impact of 2024 mortgage timebombHomeowners are facing a...

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Labour says 630,000 will be hit by surge in mortgage costs before 2024 elections

Long period of high interest rates expected, meaning higher costs for homeowners whose fixed-rate deals are coming to an endLabour has warned that more than half a million homeowners face a surge in mortgage costs before the...

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