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07.07.26 - 16:18
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UK house prices rise for first time since start of Iran war (The Guardian)
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Typical property cost £299,330 in June, 0.2% more than the month before, says LloydsBusiness live – latest updatesHouse prices across the UK have risen for the first time since before the onset of the Iran war, leaving property values narrowly below those at the start of the year, according to a survey.The typical property cost £299,330 in June, a 0.2% increase on the month before. This came after a monthly drop of 0.2% in May, according to the latest Lloyds house price index, previously known as the Halifax HPI. The annual growth rate edged higher to 0.6% from 0.5%. Continue reading......
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07.07.26 - 08:30
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UK house prices rise in June despite ′wider economic uncertainty′ – business live (The Guardian)
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Rolling coverage of the latest economic and financial newsGood morning and welcome to our rolling coverage of business, the financial markets and the world economy.UK house prices nudged up 0.2% in June compared with the month prior, according to new figures from the lender Lloyds.Recent price trends continue to reflect wider economic uncertainty, including the impact of global events on inflation and interest rate expectations. While affordability remains stretched for many buyers, mortgage rates have eased from their recent highs, offering some encouragement to those considering a move.While latest industry data shows the number of new mortgage approvals dropped in May, this wasn't unexpected given the spike in rates seen earlier this year, and we'd expect to see activity recover assuming borrowing costs continue to fall.7am BST: Lloyds house prices for June9.30am BST: Fiscal risks and sustainability report from the Office for Budget Responsibility10.30am BST: Bank of England Financial Stability repor...
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01.07.26 - 13:24
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UK house prices stall for second straight month as agents warn of summer slump (The Guardian)
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Average price of typical home little changed at £277,484 in June, says Nationwide, while housebuilder shares fallBusiness live – latest updatesUK house price growth stalled for a second consecutive month in June as rising interest rates triggered by the war in Iran hurt homebuyer demand and agents warned of a summer slump.The average price of a typical UK home edged down to £277,484 last month from £278,024 a month earlier, after a 0.6% month-on-month fall in May, according to the lender Nationwide. Economists had forecast a small monthly rise of 0.1% in June. Continue reading......
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01.07.26 - 10:30
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UK House Prices Remain Flat In June (AFX)
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LONDON (dpa-AFX) - UK house prices remained flat in June as uncertainty caused by the war in the Middle East and the subsequent rise in fuel prices and market interest rates weighed on the propert......
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01.07.26 - 08:54
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UK house prices flat in June, says Nationwide; higher energy bills cap kicks in – business live (The Guardian)
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Annual house price growth accelerates to 2.2%, led by Northern Ireland“The UK housing market is proving to be a study in resilience rather than exuberance,” said Anthony Codling, housing analyst at RBC Capital Markets. The average price of a home dipped £540 in June from May but rose almost £6,000 year on year.The average UK home now costs £277,484, a market that is moving sideways more than it is marching forward. The headline number tells one story, but the regional picture tells a more interesting one: Northern Ireland is doing its own thing entirely, running nearly four times hotter than the national average, while much of southern England is essentially flatlining.Mortgage rates remain the stubborn gatekeeper to a more meaningful recovery, with affordability still stretched by historical standards, and the Bank of England's cautious approach to rate cuts keeping buyers in a holding pattern.It is not surprising that the market has softened a little in recent months, given the uncertainty cause...
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29.06.26 - 15:24
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UK Mortgage Approvals Lowest Since Late 2023 (AFX)
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LONDON (dpa-AFX) - UK mortgage approvals fell to the lowest since late 2023 in May, the Bank of England said Monday.The number of loans approved for house purchases decreased to 56,205 from 66,034......
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27.06.26 - 22:42
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UK minister working up plans for state-owned housing developer (The Guardian)
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Exclusive: Steve Reed is looking at government run scheme that could borrow at lower rates than private developersThe housing secretary has been working up plans for a state-owned housing developer, according to details leaked to the Guardian, as the government looks for ways to stimulate stubbornly low rates of housebuilding.Steve Reed has been looking at proposals to set up a new state-owned developer which could borrow at lower rates than private developers and housing associations, according to plans leaked to the Guardian. Continue reading......
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