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Higher interest rates hit the market for the over-55s
George Freeman warns politics becoming unaffordable and says £118,300 salary not enough to cover home loan payments
Bank of England survey shows improved property market outlook as borrowing rates fall
ONS data shows biggest drop in London and reflects impact of high interest rates on property market
FTSE 250 housebuilder says it sold nearly 10,000 new homes in 2023 but warns of uncertain year ahead
Intense competition can be expensive but lower funding costs could lessen the pain
Supply shortage pushes property valuations to highest level since March last year
I could reduce my debts by selling assets, but where’s the fun in that?
ONS data shows biggest drop in London and points to impact of high interest rates on property market
Stubbornly high borrowing costs continue to stall property market, analysts warn
Building society warns customers under pressure though defaults lower than expected
Borrower preferences and lender offerings differ dramatically even within the single currency area
Estate agent Hamptons says 12% increase is largest on record
UK housebuilder’s forecast is latest sign of pain for sector from high mortgage rates
Nationwide, Santander and smaller providers drop prices this week
Banks and building societies cut prices for fourth consecutive week, but charges remain higher than a year ago
Reductions by Nationwide, HSBC, TSB and Halifax come as competition in home loan market intensifies
NatWest, Halifax and Virgin Money become the latest home loan providers to reduce cost of borrowing on some products
Surprise data comes ahead of Bank of England meeting this week
Bank to reduce the cost of residential products by up to 0.35 percentage points
Here’s what a 6% interest rate might mean for British households
Lenders under pressure over high mortgage costs and low saving rates low point to GDPR regime
Average price stands at £285,932 as rise in mortgage rates hits market
A cohort of people in their mid-30s have probably been pummelled twice by monetary policy over the past decade
Deal with Treasury comes as interest rates forecast to peak at 6.25% and house prices to fall 10%
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