Private rents in Great Britain hit record high

Average private rents in Great Britain have climbed to new record highs, though in some regions there has been a small fall in the amount new tenants are being asked to pay, data shows. The typical advertised private rent outside London for new properties coming on to...

UK House prices rise again, forecast up to 4% drop in 2024

UK house prices rose for a third consecutive month in December amid a shortage of properties on the market, but are forecast to drop this year. Property prices grew by 1.1% in December, after a 0.6% rise in November and a 1.2% increase in October. A typical home in...

UK house prices gained 0.2% in November

The UK’s house price recovery “continued in November”, according to the Nationwide Building Society, as falling mortgage rates help to warm up demand. After a bumpy year for the housing market UK house prices rose 0.2% month-on-month in November, on a...

High street recession in Great Britain this Fall

Retailers in Great Britain suffered a slump in sales in October as the impact of high borrowing costs and rising prices signaled a high street recession in the run-up to Christmas. Bad weather also played a part in a 2.7% year-on-year fall in retail sales that the...

Average London house price down £1,600

Experts predict that house prices will keep on falling until at least 2024. The average London house price is down £1,612 month-on-month in October. This bucked the national trend across the UK where house prices jumped by around £3,000 month-on-month in October –...

10-year UK gilts are close to a 15-year high

The cost of UK state borrowing is close to a 15-year high – levels seen only twice since the global financial crash. The amount the UK government has to pay – the yield – to borrow money for 10 years via its benchmark 10-year bonds – known as...