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Mortgage approval rates plummet as appetite to buy diminishes

Mortgage approvals dropped by 9.5 percent in July to 49,400 from 54,600 in June - but some argue the economic slowdown is needed .

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Asking house prices plummet to lowest level since 2018

The housing market is suffering as surging inflation and mortgage rates strike buyer demand and spending power.

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Landlords urged to lock into remortgage products ASAP

Landlords urged to lock into remortgage products ASAP
propertywire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propertywire.com Daily Mail and Mail on Sunday newspapers.

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Interest rates storm is coming as Halifax mortgage rate higher than Big Six average | Personal Finance | Finance

While core inflation remains sticky at 6.9 percent, analysts predict the Bank of England could raise the Base Rate as high as six percent.

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Barclays increases interest on seven savings accounts and ISAs with rates up to 5 5% | Personal Finance | Finance

Banks have recently come under pressure from the FCA to align interest rates with the Bank of England Base Rate, and Barclays is next to revise its deals.

United kingdomRachel springallFinancial conduct authorityEngland base rateBarclays bankBase rateYear fixed rate bondYear flexible bondTwo year flexible bondOne year fixed rate bondFlexible bondsBarclays premierPremier bankingBarclays savings interest ratesBarclays isa interest ratesBarclays fixeed rate savings

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