Page 3 - Vicky Shaw News Today

Default rates on mortgages and credit cards increased in the run-up to Christmas, according to a Bank of England survey of lenders. Banks and building societies reported that both defaults and losses...

The average price tag on a UK home jumped by around GBP4,500 month-on-month in January, according to a property website. Across Britain, the average price of a property coming on the market increased... -January 15, 2024 at 01:44 am EST - MarketScreener

The UK financial services regulator is reviewing whether people could be owed compensation for being charged too much for car loans, following a high number of complaints. The Financial Conduct... -January 11, 2024 at 06:42 am EST - MarketScreener

Cash buyers have accounted for around a third of UK home sales in 2023, according to a property website. Those using cash to buy a property are on track to account for around 32% of sales in 2023,... -December 22, 2023 at 12:58 am EST - MarketScreener

The average rental price for a newly let property is nearly 10% higher than a year ago, but there are signs that the UK is now past peak growth in rents, according to an index. The average UK rent... -December 12, 2023 at 12:56 am EST - MarketScreener

Mortgage lending is set to slump next year, as the number of arrears and repossessions increases, according to a trade association representing the UK banking and finance industry. The outlook for... -December 11, 2023 at 01:10 am EST - MarketScreener

House sellers are accepting discounts of GBP18,000 on average in order to agree a deal with buyers, according to a property website. Zoopla, which released the figures, said they are further evidence... -November 28, 2023 at 01:06 am EST - MarketScreener

HSBC UK is investigating as a matter of urgency as customers have been struggling to access banking services on Black Friday. The bank has apologised to customers and is working to restore its mobile...

Major lenders have announced new mortgage rate cuts in the UK, widening the choice for borrowers searching for deals under the 5% mark. HSBC UK Bank PLCs First Direct announced rate cuts of up to...

The pace of house price falls may be steadying as the end of the year approaches, according to surveyors. A net balance of 63% of property professionals reported house prices falling rather than... -November 09, 2023 at 01:08 am EST - MarketScreener