Nationwide is lowering its standard mortgage rate (SMR) by up to 0.25% following the base rate cut earlier today.

Governor Andrew Bailey described it as a ‘finely balanced decision’ after MPC members were forced to hold a second vote.

Halifax said on Thursday house prices were 2.4% higher compared with July last year, slowing from June's 2.7% increase. The housing market has settled after a rush to beat the expiry in April of a tax ...

The MPC’s narrow decision to cut the base rate is not expected to have a huge impact on mortgage pricing but could encourage ...

As we get further into 2025, this year is more and more reminding me of the economic backdrop of 2007, just before the Great ...

The Bank of England has slashed interest rates by 4%, the lowest in two years, which will have a major impact on UK ...

A cut in interest rates will mean the 590,000 people with a base-rate tracker mortgage will see borrowing costs fall from ...

Mortgage rates fell to their lowest levels since March because job growth has been surprisingly weak this summer.

Thomas Pugh, chief economist at audit, tax and consulting firm RSM UK said: “We still expect one more rate cut this year, but ...

Refinances surged this week as borrowers took advantage of falling mortgage rates following last week's grim jobs report.

Redfin Real Estate reports that foreign buyers benefit from a weaker dollar, allowing discounts on US homes while prices rise ...

COMMENT: The flagging UK economy will get a badly needed boost from the Bank of England’s third rate cut of the year – but, ...