The Latest Breaking News from Halifax

UK house prices rise 1.3% in January as mortgage rates tumble

Prices were up 2.5% year-on-year, but in London they were slightly down on January 2023

Evening Standard · Feb 7, 2024

Big banks up mortgage rates -- unless you are a first time buyer

HSBC and the Halifax today increased the cost of mortgages, despite a widespread expectation that the Bank of England will cut interest rates before the year is out – perhaps as early as the summer.

Evening Standard · Feb 5, 2024

Full list of Lloyds Bank and Halifax closures, as Lloyds set to shut 123 branches

About 1,600 jobs will be cut, though junior employees are not expected to be affected and there will be some voluntary redundancies

Evening Standard · Jan 30, 2024

Two major mortgage lenders announce ‘very significant’ rate cuts

One of the UK’s leading mortgage brokers has called the move a ‘turning point’ for prospective buyers

The Independent UK · Jan 9, 2024

Sub-4% two-year fixed mortgage within sight as Barclays and Santander slash rates

The ‘big six’ lenders joined the ongoing rate war, following a number of others such as Halifax and HSBC in reducing mortgage prices this year

Evening Standard · Jan 9, 2024

Average London house price down £12,000 in 2023, but 'crash' predictions proven wrong

Some economists thought London house prices could fall by as much as 10%

Evening Standard · Jan 5, 2024

Interest rate cuts will soften mortgage blow by £11bn – but Brits still face £19bn rise

Goldman Sachs says faster-than-expected fall in borrowing costs will ease the pain for millions

The Independent UK · Jan 5, 2024

Mapped: The highest and lowest average house prices in the UK at the end of 2023

Halifax’s House Price Index says property values increased by 1.7 per cent across the board in 2023, although some regions recorded a significant drop

The Independent UK · Jan 5, 2024

UK house prices rise again but Halifax forecasts up to 4% drop in 2024

Growth rates driven by shortage of properties on market, says mortgage lender, with typical home worth £287,105

The Guardian - UK · Jan 5, 2024

Average UK house price ended last year £4,800 higher than at end of 2022 – index

The typical UK house price in December 2023 was £287,105, up from £282,305 in the same month a year earlier, Halifax said.

The Independent UK · Jan 5, 2024