Britain's housing market may be 'past peak pain' but what will 2024 bring? | Housing market
Second year of falling prices expected though recovery is likely in the second half as interest rates come down
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Second year of falling prices expected though recovery is likely in the second half as interest rates come down
From tomorrow, the bank's cheapest five-year fixed rate will fall from 4.79% to 3.94% according to industry insiders.
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The cheapest two-year fixed-rate mortgages have fallen below 5 percent interest for the first time since June.
House prices will only fall marginally next year or not at all thanks to first time buyers and falling mortgages, major lenders have said.