UK housing market ‘finding its feet’ as prices inch higher; BP profits miss forecasts – business live

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UK housing market ‘finding its feet’ as prices inch higher; BP profits miss forecasts – business live - short news

Rolling coverage of the latest economic and financial news

‘They’re everywhere’: Labour’s wooing of City goes into overdrive

Despite average house prices inching up in April, Halifax adds that affordability constraints are still a significant challenge.

That applies to new buyers, and also borrowers who are rolling off fixed-term deals, and facing a jump in repayment costs.

Mortgage rates have edged up again in recent weeks, primarily as a result of expectations..

source: The Guardian - 07.05.2024

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