mortgage costs
Coverage of mortgage costs in the Nexus archive.
- Mortgage costs could rise by £450 a year if Bank of England hikes interest rates this week
Mortgage costs may increase by £450 annually if the Bank of England raises interest rates this week. The potential rate hike is linked to possible economic adjustments affecting homeowners.
- House prices fell for first time this year in May as higher mortgage and energy costs worry buyers
House prices declined in May for the first time this year due to rising mortgage and energy costs, which are deterring buyers. The drop reflects concerns about affordability and economic pressures impacting the housing market.
- UK House Prices Fall as Mortgage Costs Bite, Nationwide Says
UK house prices have fallen due to rising mortgage costs, according to Nationwide. The decline is reflected in 'Sold' signs at properties in Woking, UK.
- ‘We’re trapped’: despair for sellers as Iran war knocks confidence in UK housing market
The UK housing market faces declining confidence as rising mortgage costs and the Iran war create fear among sellers, with Canterbury experiencing particular strain during the spring selling season. Estate agents report a shift in consumer and business confidence due to geopolitical tensions impacting local property markets.