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    HomeBlogUK house prices rise for third month amid property shortage, Halifax says...

    UK house prices rise for third month amid property shortage, Halifax says – business live

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    Halifax says with mortgage rates easing, confidence among buyers may improve in coming months

    This can cause a lot of stress and sleepless nights. My colleague Jedidajah Otte has talked to homeowners who fear a sharp rise in mortgage payments as they come off fixed-rate deals this year.

    However, mortgage costs are still much higher than they have been in recent years after the Bank of England raised interest rates to 5.25% to fight stubbornly high inflation. (Financial markets expect it to cut rates to below 4% by the end of the year.)

    Continue reading…

    ​Business | The Guardian

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