Bank of England expected to hold interest rates at 3.75% as inflation risks resurface
Economists are near-unanimous that the Monetary Policy Committee will leave borrowing costs unchanged on Thursday, with Middle East tensions and a looming energy bill rise tempering hopes of further cuts this year.
Bank of England set to hold rates at 3.75% as oil shock derails hopes of summer cuts
Economists are virtually unanimous that the Monetary Policy Committee will leave borrowing costs unchanged on Thursday, with a Middle East oil-price spike forcing rate-setters into a holding pattern just as households had begun to hope for relief.
UK house prices flatline in May as a north-south divide hardens
Halifax says the typical home now costs just under £299,000 with annual growth of 0.5%, but the headline masks a stark split between a buoyant north and a weakening south.
Lenders cut mortgage rates again as house prices edge lower
NatWest, Barclays, Santander and others have trimmed fixed deals in a fresh wave of reductions, offering relief to borrowers even as the housing market cools.
House prices dip in May as lenders trim mortgage rates despite global jitters
Property values edged lower last month as Middle East uncertainty sapped momentum, even as a string of major lenders cut selected fixed deals in a battle for borrowers.
UK house prices fall for first time this year as north-south divide widens
A surprise monthly drop reported by Nationwide has confirmed a cooling property market, with prices sliding in the south while northern regions and the devolved nations continue to climb.
UK house prices hold broadly steady as borrowing costs bite
The average home cost just under £299,000 in May, with Halifax reporting a slight monthly dip while annual growth ticked up to 0.5 per cent.