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City AM - Housing market a ‘ticking time bomb’ as prices slow amid mortgage mayhem   Green Tick

  (21/06/2023) City AM

The housing market has slowed amid the mortgage crisis, with experts warning it is like a “ticking time bomb” before it crashes. This morning’s House Price Index from the Office for National Statistics (ONS) show average UK house prices increased 3.5 per cent in the 12 months to April 2023, but this was down from 4.1 per cent in March 2023. Experts give their opinions: https://www.cityam.com/housing-market-a-ticking-time-bomb-as-prices-slow-amid-mortgage-mayhem/

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City AM - Mortgage Chaos of last few months eases as available deals surpass 4,000   Green Tick

  (13/02/2023) City AM

The number of mortgage deals available has surpassed 4,000 for the first time in six months according to a financial information website. Money Facts, which counts the number of mortgage products at the start of each month, said 4,341 deals were available on 1 February compared with 3,643 products at the start of January. Many mortgage deals vanished from the market last autumn, amid market turmoil in the days following the mini-budget. Mortgage Advice firm advisers give their opinions. https://www.cityam.com/mortgage-chaos-of-last-few-months-eases-as-available-deals-surpass-4000/?utm_source=dlvr.it&utm_medium=twitter

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City AM - Mortgage rates are going back UP – but where will they end up?   Green Tick

  (23/02/2024) TSB Intermediaries, City AM

A number of mortgage lenders are raising their costs again in a move which will “bring further tears to the eyes of the general public”. HSBC and Virgin Money are all increasing the cost of new deals this month. It follows a similar announcement by Santander and TSB and Coventry earlier in the week. Just yesterday Natwest also announced further increases to most of its fixed rate mortgage deals. https://www.cityam.com/mortgage-rates-are-going-back-up-but-where-will-they-end-up/

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