Category: Mortgages

UK interest rate cuts unlikely this year amid Iran war – and a rise could be ahead

Markets predict Bank of England will hold rates in 2026 as bond yields soar on forecasts of prolonged conflictIran war drives oil prices above $100 a barrelBusiness live – latest updatesUK interest rates are not expected...

Read More

Survivor of financial abuse invited to advise ministers after Guardian report

City minister Lucy Rigby acts after woman faced repossession of house burned down by controlling husbandA woman who was nearly killed by her abusive husband has been invited to advise the government on measures to support...

Read More

Reeves’s plan to cut cash Isa limit could raise mortgage rates, say finance bosses

Building societies fear consumers will be put off from saving if chancellor’s budget announces a 40% reductionBusiness live – latest updatesRachel Reeves’s plan to slash the annual cash Isa limit by 40% could...

Read More

Bank of England rolls out looser mortgage rules to help first-time buyers

Move hopes to push lenders to offer more high loan-to-income mortgages and help 36,000 buyers on to the housing ladderBusiness live – latest updatesThe Bank of England has rolled out looser mortgage rules that policymakers...

Read More

Nationwide warns Reeves against cutting tax breaks on cash Isas

City wants more investment in stocks but move could reduce availability of mortgages for first-time buyers Britain’s biggest building society has waded into a row over whether the government should cut tax breaks on cash...

Read More

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...

Read More

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...

Read More

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...

Read More
Loading

Breaking News

prev next