mortgage-market
Top StoriesUK Lenders Expect Further Widening of Mortgage Spreads: BoE
Top StoriesUK Lenders See 23% Slide in Mortgages for Home-Buyers in 2023
Top StoriesUK Mortgage Approvals Hit Lowest Since June 2020
Top StoriesBritain’s Financial System Under Stress Amid Market Turmoil -Analysts
UK Housing Market Shows Strains From “mini-Budget”: Rightmove
Date: October 17, 2022
LONDON (Reuters) – Britain’s housing market lost momentum this month after Prime Minister Liz Truss’s economic plans upset financial markets and triggered a repricing of the mortgage market, data from property website Rightmove showed on Monday. Asking prices for homes coming to the market rose by 7.8% year-on-year in October, the smallest increase since January....
Ireland’s Ptsb May Absorb Initial ECB Rate Hikes – CEO
Date: June 24, 2022
DUBLIN (Reuters) -Ireland’s Permanent TSB may choose to absorb the first two rounds of European Central Bank interest rate hikes and not increase its own mortgage pricing in a bid to grow its market share, the bank’s chief executive said on Friday. The ECB outlined plans this month to end quantitative easing on July 1...
UK Credit Card Borrowing Soars by Most Since 2005 as Cost-Of-Living Squeeze Tightens
Date: May 31, 2022
By Andy Bruce and David Milliken LONDON (Reuters) – Credit card borrowing in Britain rose last month at the fastest annual rate since 2005, possibly reflecting a worsening cost-of-living squeeze that may now be starting to slow the housing market, Bank of England data suggested on Tuesday. The BoE said credit card borrowing was 11.6%...
The UK Housing Market Is Broken and in Need of Urgent Treatment
Date: May 11, 2022
By Colin Bell, Co-Founder and COO, Perenna The growing house price bubble is a worrying sign that something is broken within the market. House prices are spiralling while stock is dwindling, and with further changes to affordability stress testing to reflect rising cost of living on the near horizon, the prognosis is pretty bleak for...
From Business Owner to Home Owner
Date: May 16, 2019
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