Hi, I’m Leo from Bloomberg’s UK Breaking News team, catching you up on this morning’s business stories. UK house prices rose unexpectedly for a third month, helped by a dip in borrowing... Read more »
Global credit intelligence provider Pepper Advantage, which has a 100,000+ UK residential mortgage portfolio, says arrears in this country have seen a 23.3 per cent annual jump. And it says the rate... Read more »
A range informal media briefings on behalf of the UK government suggest that an extension of the current mortgage guarantee scheme is one of a number of measures being considered to help... Read more »
A survey by property portal OnTheMarket suggests that only six per cent of home movers are concerned in any way about securing a mortgage to fund the purchase of their next property.... Read more »
The Bank of England’s latest base rate rise – up 0.25 per cent to 5.25 per cent – has been poorly received by much of the lending industry. Here’s a selection –... Read more »
Higher mortgage rates have replaced the ‘race for space’ as the primary reason for buying outside of London this year, research suggests. Analysis by Hamptons found first-time buyers made up a record... Read more »
Liam, 36, a senior IT manager and married father-of-one from Newcastle upon Tyne, is one of millions of homeowners whose mortgage payments will rise even higher after the Bank of England on... Read more »
Press play to listen to this article Voiced by artificial intelligence. LITERAL SCOOP: Keir Starmer had a brush with French beach police for selling ice creams illegally while a student, my colleagues... Read more »
Press play to listen to this article Voiced by artificial intelligence. Good Sunday afternoon. This is Annabelle Dickson, back in the Crunch hot seat, after a glorious two-week Norfolk staycation. THINGS TO... Read more »
The share of homeowners struggling to repay their mortgages could hit the same peak levels of the 2008 financial crisis by the end of next year, the Bank of England has warned.... Read more »
