Category : Search result: UK mortgage crisis


First-Time Buyers Delay Cars for £59k Deposits

Exclusive research reveals the heartbreaking financial trade-offs young Britons are making. Soaring mortgage deposits are forcing a generation to delay car ownership and major life events, creating a 'generation locked out' of the property market.

US Home Price Surge Worsens Wealth Divide, Report Finds

Soaring house prices are creating a stark wealth divide across America. A new Zillow report shows that while homeowners see paper gains, affordability for first-time buyers has collapsed to its worst level in decades.

Teacher rejected for mortgage quits job for van life

A young teacher's dream of homeownership was crushed by a shockingly low mortgage offer. Discover how she turned rejection into liberation by quitting her job and buying a van to explore the UK.

New-Build Homes Now Cheaper Than Old Ones In UK Market Shift

A startling shift is occurring in the UK housing market. Exclusive analysis reveals new-build properties are now significantly cheaper than older homes in some regions, signalling potential market distress and a crisis in buyer confidence. Experts warn th

Fed's Lisa Cook faces mortgage investigation

US Federal Reserve Governor Lisa Cook is under investigation by the House Judiciary Committee over allegations of improper mortgage approvals during the pandemic. Discover the details of the claims and the Fed's response.

UK Property Market Plunge: Homebuyer Panic Hits Record

Exclusive: Britain's housing market faces a severe crisis as a record number of panicked buyers abandon purchases amid soaring mortgage rates and economic uncertainty. Property chain collapses hit unprecedented levels.

Pound Crashes to Record Low After Truss's Mini-Budget

The UK faces a severe economic crisis as the pound sterling crashes to a historic low against the dollar following Chancellor Kwasi Kwarteng's mini-budget, triggering emergency warnings from the Bank of England and soaring mortgage costs for millions.

Japanese Knotweed Invasion Plunges Ayr Property Prices

The picturesque seaside town of Ayr is under siege from Japanese Knotweed, with homeowners facing plummeting property values and mortgage rejections. Discover the full extent of this ecological and financial crisis.

RBA to cut rates in August: experts

Experts predict the Reserve Bank of Australia will cut interest rates this August, offering relief to borrowers amid economic uncertainty.

Australian Bank Hikes Mortgage Rates

A leading Australian bank has confirmed an increase in mortgage rates, adding financial pressure to homeowners. Find out the details and how this could affect you.

US house prices plummet in major cities

Property markets in key US cities are seeing significant price declines amid rising mortgage rates and economic uncertainty. Find out which areas are hardest hit.

UK mortgage rates hit 10-month low

Mortgage rates in the UK have dropped to their lowest level in ten months, offering relief for homebuyers and those looking to remortgage. Find out how this could impact the property market.

Zambian fraudster deported after 25-year UK stay

A Zambian conman who swindled £3.5 million in an elaborate mortgage scam has been deported after a 25-year legal battle to remain in the UK. Discover the shocking details of his crimes and the long road to justice.

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