What's happening to house prices?

The Bank of England has raised interest rates for a 13th consecutive time as it tries to stop prices rising so quickly. The Bank rate, set by the Monetary Policy Committee, has gone up to 5% from 4.5%.The rise means further pain for some homeowners, however could benefit savers. The Bank of England have been consistently raising interest rates in an attempt...

The Bank of England have raised interest rates by half a percent point to 2.25% - the highest level since November 2008. Raising interest rates are one of the main tools the Bank of England has to bring down inflation, with the rationale being that higher borrowing costs will mean people are less likely to spend and more inclined to save.In a statement, Chan...

In a recent rental price tracker report for the first quarter of 2022, statistics show the average asking rent outside of London has risen 10.8% compared to what is was 12 months ago. Compared with the same period two years ago, the average rent is now 15% higher. The report also shows that available property to let has declined and is down 50%, whilst...