[ Britain’s biggest mortgage lender Halifax has become the latest brand to reveal it will increase mortgage rates this week, following a slew of other hikes earlier this week. Halifax emailed brokers today to say that from Friday, it will be increasing mortgage rates on numerous deals by up to 0.2 percentage points. It is … Read more
[ Profits on Home Sales Across U.S. Decrease for First Time Since 2011;Typical Seller Gains Remain Strong, But Decline from 60 Percent to 57 Percent;National Median Home Price Rises at Slowest Pace in 12 Years IRVINE, Calif., Jan. 25, 2024 /PRNewswire/ — ATTOM, a leading curator of land, property and real estate data, today released its … Read more
[ Is the mortgage market turbulence getting you down? Have you got a mortgage-related question you need answering? Email in and we’ll get one of our experts to reply. Nick Mendes, mortgage technical manager at John Charcol, has given his advice to a reader below. If you have a question for our experts, email us … Read more
[ Homebuyers’ budgets will remain tight in 2024, experts say, with elevated mortgage rates and the wider cost of living squeeze expected to maintain pressure on the property market. Lucian Cook, head of residential research at estate agent Savills, said: “We anticipate 2024 to be marked by continued constraints on buyers’ budgets.” Interest rates are … Read more
[ Michael Gove’s planning reforms will deliver fewer homes due to compromises Rishi Sunak made to backbench Tories over housing targets, the author of the Conservative manifesto has warned. The Housing Secretary set out a series of measures on Tuesday to speed up planning approvals, including naming and shaming councils that stand in the way … Read more
[ Hundreds of thousands of homeowners are paying rates that are pushing 10 per cent despite a mortgage rate war that is under way among lenders and the Bank of England pausing its rate hikes this week. The cost of fixed mortgage deals have fallen in recent months, making home loans cheaper for people with … Read more
