But property website warns that rebound in activity could be hit by rising mortgage rates

More prospective house sellers are returning to the UK’s property market, pushing agreed home sales to their highest point of the year in May, according to Zoopla, although it warned that the rebound in activity could be knocked by rising mortgage rates.

House prices have fallen by 1.3% nationally over the past six months, the property website found, but the speed of price falls has been decreasing as buyer confidence slowly improves.

Continue reading…

You May Also Like

Where’s My Stimulus Payment? Maybe in Your Account (Finally!)

For this round, payments top out at $1,400 per person, including children…

Oxbridge student groups to be exempt from ‘unfair’ free speech law

Labour MPs accuse government of ‘ridiculous’ double standards and warn of two-tier…

‘Routine’ use of hotels for lone child asylum seekers is unlawful, UK court rules

Judge says Home Office may only use housing arrangement for ‘very short…