Browsing: interest rates News
October’s house price growth remains modest, with just a 0.1% increase.The annual growth rate for house prices decreases from 3.2% in September to 2.4% in October.Mortgage…
In today’s changing economic landscape, understanding government gilts is crucial for investors. Gilts offer a pathway to stable income through government-backed bonds. However, with interest rate…
September saw a slight increase in housing transactions, indicating potential market growth.Residential transactions reached 91,820, just 1% higher than August, marking a year-on-year increase of 9%.Despite…
In September, mortgage approvals showed an upward trend, despite a decline in net mortgage borrowing.Net mortgage borrowing by individuals decreased by £0.3 billion, reaching £2.5 billion.Mortgage…
Metro Bank is refining its position in the buy-to-let mortgage sector with strategic adjustments in interest rates.The bank has slashed rates by 0.30% across its two-year…
Nottingham Building Society has enhanced its mortgage offerings catering to foreign nationals and returning expats, aiming for broader access to homeownership in the UK.Immediate changes include…
Key updates from Nottingham Building Society are making homeownership more accessible for skilled workers and expats in the UK.The visa criteria have been expanded, allowing more…
Rising mortgage rates reshape the balance between residential and commercial property lending, with significant consequences.Recent years have seen commercial property lending gain a larger market share…
Increasing mortgage rates have hit residential lending, while commercial lending holds steady.Commercial properties now account for a larger market share, increasing from 8.0% in 2020-21 to…
Bitcoin has been trading sideways since its peak in early 2024, causing investors to question the future trajectory of this digital currency. Despite reaching new highs,…
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