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The Latest Breaking News from Halifax

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

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

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

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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

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

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

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

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Would-be homeowners giving up on dream amid fears interest rates will soar

There is speculation the Bank of England may have to jack interest rates to as high as 6%

Evening Standard

UK mortgage market turmoil: what does it mean for your deal?

Banks and building societies pull hundreds of deals in anticipation of further interest rate rises

The Guardian - UK

Nearly 300 UK mortgage deals pulled in a day as pound’s fall heralds rate rise

Santander, HSBC, Bank of Ireland, Clydesdale and building societies among those to withdraw products

The Guardian - UK

Hundreds of mortgage deals vanish from market after mini-budget

Halifax, Virgin Money and Skipton Building Society pull fixed-rate products for new customers

The Independent UK

Warning mortgage payments could jump by £10,000 a year if interest rates hit 6%

Homeowners have been warned they face paying almost £10,000 a year more on their mortgage if interest rates continue to climb and hit 6% next year - here is what to do next

Daily Mirror

UK lenders start withdrawing mortgage deals as pound plummets and economy shaky

Virgin Money, Halifax and Skipton Building Society have all withdrawn mortgage products in order to assess the market collapse following the Government's mini-budget last week

Daily Mirror

What does the Bank’s interest rate rise mean for people’s finances?

From mortgages and the housing market to credit cards and loans, half-point increase will have an impact

The Guardian - UK

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news in one place.

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Daily Mirror

Ex-Super League star Danny Kirmond opens up on "devastating" death of younger brother

York City Knights second-row, 36, explains how carrying on playing helped him "escape" the trauma of his brother's tragic death after an assault last month and he might now continue into 2023.

Evening Standard

Barratt scores £1 billion profit as house prices set new records

Profit landmark comes as Halifax reports fresh record house prices for London and the wider UK

The Guardian - UK

UK house prices: Halifax and Barratt warn of challenges ahead

Average price of home rises to £294,260 in August as cost of living crisis and interest rates hit home

The Independent UK

Average UK house price hit record high in August, says Halifax

But the bank warned that a more challenging period for house prices should be expected

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Wales Online

UK house prices rise to record high - how much one will cost where you live?

A typical property now costs a record £294,260

The Independent UK

Average UK house price hits record high of £294,260 in August, says Halifax

But the bank warned that a more challenging period for house prices should be expected.

The Guardian - UK

Pound falls to lowest level since 1985 against dollar – as it happened

IFS boss says Liz Truss’s plans to freeze energy bills ‘very poorly targeted’; Putin threatens to cut off energy supplies if price caps are imposed; UK housing market shows signs of slowing

Leeds Live

Five young Championship stars who fit Leeds Rhinos' recruitment policy

Rohan Smith has made it known that he's keeping his eyes on the Championship.

Nottingham Post

Five things we learned from Notts County's 1-0 win over Solihull Moors

The Magpies maintained their unbeaten run in the National League at Meadow Lane on Monday afternoon

Nottingham Post

Luke Williams responds to Ruben Rodrigues transfer rumours and sends clear Notts County message

The Magpies manager gave his thoughts after a terrific performance against Solihull Moors

Nottingham Post

Five things we learned from Notts County victory at Halifax

Notts County news from NottinghamshireLive as we look at the key talking points from the Magpies' 4-1 win over Halifax Town

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