Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Knight Frank Finance

Major lenders hike some mortgage rates despite fall in base rate

The changing outlook for interest rates and rises in swap rates which are used to price home loans have had an impact, some experts said.

Evening Standard

Mortgage approvals for house purchase steady in June, says Bank of England

Mortgage approvals for house purchase steady in June, says Bank of England

The number of mortgage approvals made to home buyers remained at about 60,000 in June, the Bank’s Money and Credit report said.

The Independent UK

Value of outstanding mortgage balances with arrears at highest level since 2014

Value of outstanding mortgage balances with arrears at highest level since 2014

The value of outstanding mortgage balances with arrears increased by 4.2% from the previous quarter to £21.3 billion.

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Consumer credit borrowing increases at fastest annual rate in five years

The annual growth rate for consumer credit was 8.6% in November, the highest rate since September 2018, according to the Bank of England.

The Independent UK

The major lenders announcing new mortgage rate cuts

First Direct is making mortgage rate cuts of up to 0.40 percentage points and Halifax is cutting rates by up to 0.46 percentage points

The Independent UK

Mortgage approvals slump as ‘autumn housing market pick-up fails to materialise’

Some 43,300 mortgages were approved for house purchase in September, marking the lowest monthly total since January 2023.

The Independent UK

Defaults rates on mortgages and credit cards set to increase, lenders predict

Lenders reported that default rates on mortgages had already increased in the third quarter of this year.

The Independent UK

inkl

Read news from The Economist, FT, and more,
with one subscription

Value of mortgage balances with arrears rises by 28.8%

Value of mortgage balances with arrears rises by 28.8%

Strong wage growth could help to slow home repossession rates, experts said.

The Independent UK

£9bn boost for Isa savings in April as new tax year started

£9bn boost for Isa savings in April as new tax year started

Higher savings rates and frozen tax thresholds mean protecting savings from tax is a top priority, one expert said.

The Independent UK

First-time buyers ‘may need to lower ambitions’ as rates hiked further

First-time buyers ‘may need to lower ambitions’ as rates hiked further

The latest Bank of England base rate rise will add around £49 per month to the average tracker mortgage.

The Independent UK

£50-a-month jump in average tracker mortgage costs following rate rise

£50-a-month jump in average tracker mortgage costs following rate rise

The increase adds up to more than £600 extra in mortgage costs over the course of a year.

The Independent UK

1

People

Rachel Springall

David Hollingworth

Nicholas Mendes

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Organisations

Bank of England

The Bank of England

Nationwide Building Society

Knight Frank Finance

inkl

Read news from The Economist, FT, and more,
with one subscription

Topics

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play