Finance News – U.K.
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MJ Gleeson: Shares plummet after profit warning as property market struggles
MJ Gleeson has projected a notable reduction in annual earnings, reflecting ongoing challenges in the UK housing sector and the impact of a failed land transaction in Yorkshire.
Read Full Article →First-time buyers typically borrowing for 31 years
New homeowners are generally securing loans that extend over three decades, indicating sustained long-term borrowing even as interest rates experience slight decreases.
Read Full Article →Relaxed mortgage rules could increase first-time buyer deals by a quarter
Easing lending criteria may enable a significant rise in new home purchases by individuals entering the property market, potentially boosting overall mortgage activity and impactin...
Read Full Article →Why we don’t move house anymore
Elevated expenses associated with buying and selling properties have reduced mobility, making the housing market rely heavily on increasing home values to maintain economic activit...
Read Full Article →Could building on the green belt solve London’s chronic housing shortage?
Expanding residential development into protected areas may provide additional housing options that could influence property values and affordability amid London's ongoing demand-su...
Read Full Article →Mortgages rates set to fall after Bank of England interest rate cut
The recent reduction in central bank interest rates is expected to lead to decreased borrowing costs, potentially making home loans more accessible and improving affordability for...
Read Full Article →Rightmove: Lower mortgages and browsing Brits boost property portal
Rightmove experienced increased user engagement and higher property listings due to reduced borrowing costs, positively impacting its financial performance amid improving market co...
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