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Keep ahead of the game with the latest news and interest rate changes from money-news.co.uk

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Mortgage approvals still rising

The property market continued to pick up in May.

 

Pound high against dollar

The pound has risen to a seven-month high against the dollar.

 

Home values drop 28 per cent from peak

UK property prices will have fallen by 28% from their peak before the market downturn ends.

 

House price decline accelerates

House prices are falling even faster than before in England and Wales, according to the Land Registry.

 

Anger at rate cut blow to savers

As the Bank of England cut interest rates to a record low of 0.5%.

 

5th interest rate cut in 5 months

UK interest rates down to 1 per cent.

 

HSBC to increase lending

HSBC has announced a new discount mortgage rate of 2.99 per cent.

 
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