Tag Archives: Nationwide

Bleak midwinter for housing market as interest rates rise

Home-buyers in London are on average spending 56% of their earnings on their housing costs, with recent interest rate rises adding £3,000 per year to average mortgage bills Rising interest rates are seeing house sales fall through and the price … Continue reading

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11.2% house price rise in 2021 due to ‘chronic lack of supply’

Croydon’s cash-strapped council looks to be getting out of the house-building racket at just the wrong time, as figures released this morning showed that the housing market has made its strongest start to the year since 2005, with annual house … Continue reading

Posted in Housing, London-wide issues | Tagged , , , , | 2 Comments