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The Latest Breaking News from Zoopla

UK mortgage approvals for October fall 10% after mini-budget

Homebuyers face higher interest costs, as lending figures slump to lowest monthly total since June 2020

The Guardian - UK

UK homeowners settling for lower prices as housing market continues to slide

The continued cost-of-living crisis, combined with the Bank of England's prediction of an enduring recession, is likely to cause the housing market to slow even further as we approach 2023

Wales Online

A quarter of London homes have had asking price reduced this autumn

Discounts are expected to increase further over the coming months as the housing market adjusts to new mortgage rates.

Evening Standard

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Homes ‘selling for three per cent below asking price on average’

Zoopla expects discounts on house to increase in 2023 due to falling demand

Wales Online

UK homeowners forced to settle for below asking price, Zoopla says

Property website data shows housing market is slowing, with 44% less demand for homes and sellers accepting 3% below asking price

The Guardian - UK

Homes selling for three per cent below asking price across the country

Last year and for the first half of 202 homes were generally achieving their asking price

Bristol Post

Greater Manchester's most sought-after homes that house hunters are eyeing up

These are the most popular properties on the market at the moment, according to Zoopla

Manchester Evening News

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Most unwanted - the Newcastle homes that have been up for sale for up to seven years

Some of these properties in Newcastle upon Tyne have sat stagnant on the market waiting for the perfect buyer

Chronicle Live

London property market sees demand for homes almost halved since disastrous mini-Budget

The fall in demand for homes is far greater in London than any other UK region.

Evening Standard

How will the UK interest rate hike affect you?

From loans to mortgages, house prices to credit cards – all you need to know about the biggest rate rise since 1989

The Guardian - UK

Mortgages set to rise £6,700 a year after mini-budget crashed the economy

Many economists are saying that the Monetary Policy Committee is likely to raise interest rates again

Nottingham Post

First-time buyers dropped significantly after mini-budget announcement

New figures revealed demand dropped by a third as mortgage rates soared after the former Chancellor's mini-budget

Liverpool Echo

Brits' mortgages set to rise £6,700 a year after Tories crashed the economy

The cost of a two-year fixed-rate mortgage has rocketed to 6.48% - meaning those who borrow about £200,000 will spend £6,698 more than they would've a year ago

Daily Mirror

Demand for new homes drops by a third as mortgage rates soar

Mortgage rates soared after the mini-Budget, with many lenders pulling products from the market

The Independent UK

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Wales Online

Demand from new home buyers drops by a third, says report

Higher borrowing costs has had a marked effect on people wanting to get on the housing ladder

The Independent UK

Demand from new home buyers drops by a third – report

Mortgage rates soared after the mini-budget, with many lenders pulling products from the market as they needed time to reprice them.

Manchester Evening News

Manchester's most sought-after homes that have been viewed the most times on Zoopla

House-hunters have been eyeing up these five properties the most this month

Wales Online

The ordinary semi-detached home that’s the most-viewed property in Wales

Ten of the most popular properties in Wales, from a standard house to a dream home for millionaires

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Daily Record

The most in-demand Scottish areas to buy a house right now

Rural areas, such as Dumfries and Perth, came out on top on the list.

Wales Online

I asked people on the streets how they're coping and was met with terrified voices

'We’re just about paying the bills, we’ve got nothing left - I’ve got nothing left'

Evening Standard

New house price fears as turmoil ‘kills the market’

House price crash in London is fait accompli, says developer

The Independent UK

Lenders expect mortgage availability to fall even further

The Credit Conditions Survey asked banks and building societies about changes they expect to see between September and November.

The Independent UK

Study finds that exes are being forced to live together if they can’t sell their home

Those who remained under the same roof said the situation was ‘excruciating’

Daily Mirror

Tiny studio flat so small you can't even stand up in the bedroom on market for £300,000

A studio flat in north-west London has gone on the market for £300,000 but the bedroom area - on a mezzanine level - is so small that you can't even stand up in it

Daily Mirror

Mortgage repayment calculator: See how much your monthly bill could rise by if rates soar

With our mortgage repayment calculator, you can find out how much your bill would rise if interest rates went up as predicted. You simply need to put in the amount you owe and the interest rate

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