#uk-housing-market

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house-prices
www.independent.co.uk
1 month ago
UK news

UK rents skyrocket by fastest pace since 2015

UK rental costs increased by 9% in a year, fastest since 2015
House prices declined by 0.6% in UK, with the highest rent inflation at 10.6% in London. [ more ]
www.independent.co.uk
2 months ago
UK news

Annual growth in house prices turns positive for first time in over a year

House prices in the UK increased by 1.2% annually in February, marking positive growth after a year.
Borrowing costs decreased, prompting an uptick in the housing market, but the future remains uncertain due to rising swap rates. [ more ]
www.independent.co.uk
3 months ago
UK news

First time home buyers need 53k cash deposit as house prices march higher

The average deposit for a first-time buyer is £53,414, which is around 19% of the purchase price.
High interest rates and soaring house prices have forced homebuyers to save for 10 years to gather the required deposit. [ more ]
www.independent.co.uk
3 months ago
London

Two thirds of first-time buyers get property in joint names, says mortgage giant

63% of first-time buyer mortgages are taken out jointly
Average property values for first-time buyers are 6.7 times the typical UK salary [ more ]
www.independent.co.uk
4 months ago
UK news

How house prices have fallen in your area as average cost of home at 12-year low

UK house prices fell by 2.1% over the 12 months to November 2023, reaching an average of £285,000
Rental prices in the UK increased by 6.2% in the 12 months to December 2023 [ more ]
morehouse-prices
www.independent.co.uk
3 weeks ago
Business

Mapped: Areas worst hit by mortgage rate hikes as homeowners forced to move'

Homeowners facing significant mortgage payment increases after fixed rate mortgages expire. [ more ]
www.newsshopper.co.uk
1 month ago
London

These are the 5 most expensive streets to buy a home in London

London has one of the most expensive streets in the UK with an average asking price of 9 million pounds. [ more ]
www.theguardian.com
3 months ago
Mental health

UK homeowners with mental health problems spend less on essentials to pay mortgage'

Homeowners with mental health problems are cutting back on essential expenses to afford their mortgage payments.
As many as 1.3 million people in the UK with mental health issues are spending less on essentials, like food and medicine, to cover housing costs. [ more ]
www.independent.co.uk
4 months ago
UK news

Hunt says homebuying real struggle' after Natwest chair's not that difficult' claim

Jeremy Hunt says buying a first home in Britain is a struggle due to high mortgage rates.
Housing campaigners criticize the claim made by the boss of NatWest that it is not difficult to buy a home in Britain. [ more ]
www.independent.co.uk
4 months ago
UK news

Mapped: The highest and lowest house prices in the UK at the end of 2023

UK house prices increased by 1.7% on average in 2023, beating expectations despite higher taxes and inflation.
Some regions, like South East England, saw significant price falls, while others, like Northern Ireland, experienced price increases. [ more ]
www.independent.co.uk
4 months ago
UK news

NatWest boss: It's not that difficult to buy a house in Britain

NatWest chairman claims it's not difficult to get on the property ladder in the UK.
Sir Howard Davies defends the claim, stating that saving is necessary and easy access to mortgage credit can be risky. [ more ]
www.independent.co.uk
5 months ago
UK news

Average asking price for a UK home tumbles by 7,000 in December

The average price of homes in Britain fell by 1.9% in December, a larger drop than the 20-year average.
The fall in prices is caused by more sellers looking to attract buyers in a competitive market. [ more ]
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