Nationwide
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Latest property news
Industry pleas made for homebuyer help and tax cuts before Autumn Statement
Jeremy Hunt says the UK is ‘on a path to a lower tax economy’ but has pledged that his Autumn Statement will not include any inflationary cuts.
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Latest property news
Rogue spray foam firms STILL ‘making homes impossible to sell’
Vulnerable homeowners are still being duped by door-to-door spray foam salesmen, it is reported, even though the foam can make homes impossible to put on the market.
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Latest property news
REACTION: Housing market slump drives 30% activity drop says Nationwide
New figures from Nationwide show a 30% fall in mortgages granted in August compared to pre-Covid pandemic levels.
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Features
It’s looking up!
Analysis of the latest leading indices are cause for some optimism, says property expert Kate Faulkner.
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Housing Market
REACTION: Bank of England raises rates to 14-year high
The Bank of England today raised interest rates to 4% - a 14-year high and the 10th consecutive raise - making rates their highest since 2008 as double digit inflation continues to bite.
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Latest property news
Nationwide: House prices fall again as squeeze on mortgages hits
House prices fell again in January from August's high as growth is stalled by a lack of cheap mortgage deals.
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Housing Market
Falling longer-term interest rates could lead to cheaper mortgages
Falling longer-term interest rates could lead to cheaper mortgages and improve the affordability position of potential buyers – especially if wages rise.
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Latest property news
GUEST BLOG: New year, new market
Nicky Stevenson, Managing Director of Fine & Country, says that after three years of somewhat unusual housing market activity, 2023 looks to be a calmer market.
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Housing Market
Cheaper mortgage rates will help soft landing for housing market
Nationwide says cheaper mortgages will help the housing market in 2023 and avoid forced sales from mortgage defaults.
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Latest property news
Gloomy Nationwide predicts 5% house price fall during 2023
Lender says economic headwinds are set to strengthen, real earnings will fall further, the Bank of England increases interest rates again and the economy shrinks.
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