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Budget 2024: OBR lifts forecast for mortgage rates and house prices
Oct 30, 2024 · The Office for Budget Responsibility has increased forecasts for both house prices and future mortgage rates compared to its March predictions. In its latest Economic and Fiscal …
Historical interest rates in the UK, 1979-2017: rise and fall
Mar 29, 2018 · Black Wednesday September 1992 The UK’s withdrawal from the European Exchange Rate Mechanism on 16 September 1992 meant a rise in the base interest rate from …
Budget 2024: Stamp duty on second homes rises to 5%
Oct 30, 2024 · Chancellor Rachel Reeves has increased the stamp duty surcharge on second homes and investment properties from 3% to 5%, effective from tomorrow. Announced in …
Budget 2024: Right to Buy discounts to fall and social rents to rise
Oct 30, 2024 · However, the Chancellor also confirmed she would pave the way for social landlords to increase rents. She said: “We will provide stability to social housing providers with …
Hanley Economic adds four products to resi and RIO mortgage …
Dec 10, 2024 · Hanley Economic Building Society has added four products to its residential and retirement interest-only mortgage ranges. The society has enhanced its higher loan-to-value …
Halifax includes EPC ratings in maximum lending calculations
Dec 6, 2024 · Halifax will include energy performance certificate ratings when setting maximum lending amounts for borrowers. The lender says a home’s energy efficiency “has an impact on …
Autumn Budget 2024 – Mortgage Strategy
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The latest breaking UK mortgage news | Mortgage Strategy
Mortgage Strategy offers the latest breaking UK mortgage news, covering mortgage rates, house prices, buy-to-let rates, mortgage products and other news around mortgage brokers, …
MPC’s Dhingra calls for deeper rate cuts – Mortgage Strategy
Dec 6, 2024 · The Bank of England should push ahead with deeper base rate cuts, said Monetary Policy Committee member Swati Dhingra. High interest rates had hurt consumption and …