Breaking News, World Updates & Headlines
Breaking News, World Updates & Headlines
Average cost of home in September was £298,441, says Lloyds – about the same as year earlier and in AugustBusiness live – latest updatesUK house prices flatlined in September, according to a leading index, as rising mortgage costs started to weigh on t…
Read MoreBanks and building societies raise prices as turmoil in bond markets increases expectations of base rate riseThe average cost of a five-year fixed-rate mortgage has hit the 6% barrier for the first time in three years, as jitters in the money markets m…
Read MoreWith RBA predicted to lift cash rate for fourth time this year on Tuesday, experts warn a fifth – or even sixth – rise would be ‘overkill’Get our new political email, free app or daily news podcastTwo or even three more Reserve Bank interest rate hikes…
Read MoreBlow to John Healey before budget as UK households face ‘notable strain’ on their financesBusiness live – latest updatesFears of a steep rise in mortgage payments and increasing job insecurity have sent UK consumer confidence tumbling to a three-month …
Read MoreHigh yields threaten to wipe out at least half of the £24bn headroom John Healey was expecting to have for his budgetThe UK government was forced to pay the highest interest rate for a 30-year bond since 1998 on Tuesday, underlining the fiscal challeng…
Read MoreSwap rates rise to three-year high as increase in oil prices leads to fears of higher inflationBusiness live – latest updatesHomeowners in the UK are braced for a jump in mortgage rates, driven by higher inflation and interest rate increase expectation…
Read MoreMany buyers wait in hope of better deal, although there are hotspots in Scotland and northern EnglandHalf of homes in Great Britain are taking longer to sell than last year as volatile conditions in the mortgage market amid the Iran war prompt buyers t…
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