Category : Search result: UK mortgage market


Kevin McCloud's stark warning over UK housing crisis

Grand Designs presenter Kevin McCloud delivers a blistering critique of the UK's property market, expressing deep sympathy for young buyers and calling for urgent government action on the housing 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.

Major Lender Bans 'Bank of Mum and Dad' Deposits

A leading UK mortgage lender has abruptly banned deposits funded by parental gifts, sparking outrage among first-time buyers and experts who warn it could slam the door on homeownership for an entire generation.

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

Las Vegas Housing Market Freeze: 'It's Like a Morgue'

The once-booming Las Vegas property market has frozen solid. Soaring mortgage rates and economic uncertainty have scared away buyers, leaving a graveyard of unsold homes and desperate sellers slashing prices in a bid to attract the few remaining prospects

Expert Challenges Allsopp's Property Advice to Rayner

Property expert David Hollingworth challenges Kirstie Allsopp's controversial advice to Angela Rayner, warning selling her council house could have been a major financial misstep. Discover why holding onto property often beats quick sales in UK's volatile

UK House Prices Hit Record High for Third Month Running

UK property market continues its remarkable surge as Halifax reports house prices rose 0.9% in September, marking the third straight monthly increase and pushing average prices to a new record high of £293,835.

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.

Major Lenders Slash UK Mortgage Rates to 7-Month Low

In a major boost for the UK housing market, leading lenders including Halifax and HSBC have cut mortgage rates to their lowest point since last summer, offering new hope for first-time buyers struggling to get on the property ladder.

£10,000 Bonus for New Homeowners in Govt Scheme

Exclusive: New homeowners could receive a life-changing £10,000 bonus under a radical government proposal to boost property ownership and slash mortgage costs. Find out if you qualify.

UK House Prices See Sharpest Annual Drop Since 2011

New data from Nationwide reveals UK house prices fell by 5.3% annually in December 2023, marking the most significant decline in over a decade as higher mortgage rates continue to dampen the property market.

Labour Scraps Home Guarantee Scheme for First-Time Buyers

The Albanese government has officially terminated the Home Guarantee Scheme, a flagship initiative designed to help Australians get on the property ladder with smaller deposits, sparking outrage from aspiring homeowners.

US Home Prices Crash: Sellers Slash Prices in Major Cities

Exclusive analysis reveals a dramatic surge in property price reductions across the United States, with nearly half of all cities experiencing significant declines. Sellers are forced to make steep cuts as high mortgage rates and economic uncertainty cool

£18k to $1.4m: Sydney's Ultimate Property Jackpot

A modest 1975 mortgage for £18,000 on a Sydney home has transformed into a staggering $1.4 million property fortune, revealing one of Australia's most remarkable real estate success stories.

UK House Prices See Biggest Monthly Drop Since 2012

Official data reveals a dramatic 0.9% fall in UK house prices for November 2023, the steepest monthly decline since 2012. Experts warn of a 'cooling market' as high mortgage rates and economic pressures bite.

UK House Price Growth Slows to Just 0.2%, ONS Reports

New official figures from the Office for National Statistics show UK house price growth slowed to just 0.2% annually, with London experiencing the most significant downturn. We analyse the regional trends and what it means for homeowners and buyers.

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