Webhaber
UK demand for mortgages slumps as interest rates deter buyers

UK demand for mortgages slumps as interest rates deter buyers

Bank of England figures also reveal many households are dipping into savings, rather than using credit cardsDemand for mortgages has collapsed to its lowest level since the depths of the 2020 lockdown as potential homebuyers are deterred by rising interest rates, the latest official figures show.The Bank of England said the number of home loan approvals had dropped to 35,600 in December from 46,200 in November – the fourth monthly fall in a row.

The Guardian The Guardian | Go to detail of news source

The Guardian, Benzer haberler

The Guardian Top Biden officials urge Congress to pass funding for Israel and Ukraine Top Biden officials urge Congress to pass funding for Israel and Ukraine
The Guardian Joe Biden and Xi Jinping meeting a step closer, says US Joe Biden and Xi Jinping meeting a step closer, says US
The Guardian Law officials reviewing five-year sentence of rapist Sean Robinson Law officials reviewing five-year sentence of rapist Sean Robinson
The Guardian Delight as dolphins spotted in New York’s Bronx River Delight as dolphins spotted in New York’s Bronx River
The Guardian Vegetable box firm Riverford doubles staff payout despite plunge in profits Vegetable box firm Riverford doubles staff payout despite plunge in profits
The Guardian Anna Politkovskaya film inspired by Guardian’s obituary Anna Politkovskaya film inspired by Guardian’s obituary