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After a meeting between Jeremy Hunt and bankers at No 10, Nikhil Rathi says there will be ‘no repeat’ of 2008Mounting mortgage pressures will not tip Britain into the tidal waves of repossessions witnessed in recent financial crises, the head of the Ci…
Comments come as data shows average two-year fixed rate rises to 6.07%, and five-year to 5.72%Business live – latest updatesThe consumer champion Martin Lewis has said the mortgage “ticking timebomb” he warned the UK government about last year has “exp…
Prime minister says no new support available for households struggling to pay loans Business live – latest updatesRishi Sunak has ruled out extra help for UK homeowners struggling to pay soaring mortgage costs, as the average two-year fixed-rate loan r…
Property developers struggle to rebuild confidence in housing market after three years of economic painGold bars, new cars and mobile phones are among the incentives being offered to potential homebuyers by Chinese property developers as they grow incr…
The question is not whether UK house prices will continue to fall but how big the drop will beBusiness live – latest updatesThis time last year the housing market was flying. Demand for home loans was strong and mortgage lenders were vying to offer the…
Campaigners say second homes and holiday lets are taking homes away from residents in hotspots such as Devon and CumbriaThe supply of new homes in some tourist hotspots is being almost completely negated by the rise of second homes and holiday lets, an…
Bank of England data shows sharp dip in April as Nationwide says house prices falling at fastest annual rate since 2009Business live: latest updatesThe UK’s housing market is showing growing signs of stress, with mortgage lending collapsing to the lowe…
But property website warns that rebound in activity could be hit by rising mortgage ratesMore prospective house sellers are returning to the UK’s property market, pushing agreed home sales to their highest point of the year in May, according to Zoopla,…
House prices have spiked and well-priced rentals are increasingly hard to come by. How has the dream of an affordable home become so hard to reach?America is in the midst of a housing shortage. Affordable housing options are shrinking, and there is an …
With US housing costs skyrocketing due to increased demand and limited stock, the dream of home ownership or an affordable rental is becoming unreachable for manyIn 2021, real estate agents started noticing something strange happening in the US housing…