More landlords selling properties than buying as mortgage arrears DOUBLE
Higher mortgage rates have been testing the resolve of many landlords. Are things starting to look up, or is there more pain to come?
Source: dailymail.co.uk
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Sharp rise in landlords and homeowners in mortgage arrears, data shows
Number of buy to let mortgages in arrears doubles in a year as amateur landlords struggle with interest rate rises
Source: theguardian.com
Home values dip again, but it's not all gloom as the value of a typical house remains above the level seen when the Bank of England began to raise interest rates in December 2021
Prices fell by 0.4 per cent in September and are now around £14,000 below their peak in August last year, figures from the nation's largest mortgage lender show. An average home is now £278,601.
Source: dailymail.co.uk
Lenders cut mortgage rates in start of price war as struggling homeowners receive a needed boost
Britain's biggest lenders have made a series of rate reductions in recent days, giving borrowers much-needed respite after rates soared over the summer.
Source: dailymail.co.uk
UK mortgage war 'under way' as lender offers 4.99% fixed rate | Mortgage rates
Brokers say borrower confidence likely to lift after the first below 5% deal surfaces since June with more offers likely soon
Source: theguardian.com