Rolling coverage of the latest economic and financial newsUK house prices rose 0.9% in November, says NationwidePrices 10% higher than a year agoBut Omicron variant and inflation mean outlook is uncertainMarkets rise after BioNTech reassurance over vac…
UK house prices return to double-digit growth
Annual price growth hit 10% in November, up from 9.9% in October, according to Nationwide indexHouse prices in the UK continued their upwards climb in November, reaching double-digit growth again as demand remained strong after the end of the stamp dut…
Average UK house price rises by £25,000 in a year
Cost of a home climbed in every region in 12 months to August, with prices in London rising to £526,000The average cost of a UK home increased by £25,000 in the 12 months to August, official figures show, with rises recorded in all regions.The annual r…
UK house prices show strongest monthly rise since 2007
Halifax says average property price rose by 1.7%, or £4,425, to £267,587 in SeptemberHouse prices registered the strongest monthly rise for 14 years in September, pushing the average cost of a home to a record high and reversing a three-month decline i…
UK house price growth slows as end to stamp duty holiday looms
Impending halt to tax break on Friday cools market to 0.1% growth in SeptemberUK house price growth slowed in September as economists said the looming end of the stamp duty tax break had cooled the market after a period of extraordinary growth.The aver…
UK house prices forecast to rise by up to 3.5% a year between 2022 and 2024
Summer 2021 marked peak growth but race for space will continue, says estate agent HamptonsA second wave of demand for more space will keep driving house prices across Great Britain higher, with values set to rise by up to 3.5% a year between 2022 and …
Bank of England’s Saunders says interest rates may rise next year – business live
Rolling coverage of the latest economic and financial newsLatest: Cleaning company McBride hit by raw material cost surgeIntro: China’s exports beat forecasts in August, up 25.6%Trade accelerates despite virus and supply chain disruptionAnalyst: Christ…
UK house prices hit record high despite cut in stamp duty break
Average prices rose by 0.7% in August to £262,954, says HalifaxThe average UK house price reached a fresh record high in August while annual inflation cooled to a five-month low, after the partial end of the stamp duty holiday in England and Northern I…
‘Housing should be boring… and cheap’ – developer explains his success
Pocket Living boss explains why his business model of building smaller flats is ideal for the UK housing crisisProperty developer Marc Vlessing says he would be happy to be put out of a job. In an attempt to attract first-time buyers who might otherwis…
Covid cases remain elevated as UK travel takes off
Our latest snapshot of key economic indicators also finds cooling inflation and supply chain chaosCoronavirus – latest updatesShare your experiences of the UK supply chain shortage Continue reading…