The Latest Breaking News from Halifax

Average UK house price falls slightly from previous record high in September

A typical UK property now costs £293,835, Halifax said. House prices fell 0.1% last month.

Wales Online · Oct 7, 2022

House prices fall as experts predict market has 'peaked' after mortgage costs rocket

UK property prices dipped in September, which housing market professionals say may be a sign of things to come as soaring mortgage rates put the brakes on price hikes

Daily Mirror · Oct 7, 2022

UK house prices fall back from record high as market enters ‘sustained period of slower growth’

House prices have been largely flat since June, Halifax said.

Evening Standard · Oct 7, 2022

The Leader podcast: Are we on the verge of a serious mortgage crisis?

Halifax has raised its average two-year fixed-rate mortgage deals to just under 6%, meaning higher monthly bills for home-owners.

Evening Standard · Oct 5, 2022

Mortgage rates hit highest level in 14 years - surging past 6% in blow for buyers

A standard two-year fixed rate mortgage deal has risen to 6.07^ since Chancellor Kwasi Kwarteng’s Mini-Budget was announced last month, Moneyfacts has said in its latest analysis

Daily Mirror · Oct 5, 2022

Average two-year fixed-rate mortgage hits 6% for first time since 2008

The last time the average two-year fixed-rate mortgage was 6% or more was in November 2008, Moneyfacts.co.uk said.

The Independent UK · Oct 5, 2022

New mortgage pain hits home as Halifax puts up rate to 5.8%

Halifax says the raised rates “reflect the continued increase in mortgage market pricing”

Evening Standard · Oct 5, 2022

Average two-year fixed-rate mortgage edges close to 6%

A typical two-year fixed-rate mortgage on the market now has a rate of 5.97%, across all deposit sizes, Moneyfacts said.

The Independent UK · Oct 4, 2022

Which lenders have removed their mortgages as hundreds more deals pulled

321 more deals have been pulled as market calms after mini-Budget turmoil

The Independent UK · Sep 29, 2022

UK house prices may fall 20% amid mortgage ‘carnage’, warn experts

Lack of supply will prevent crash, say some, while others predict ‘simple maths’ mean property price bubble poised to burst

The Guardian - UK · Sep 28, 2022