Rolling coverage of the latest economic and financial news
A seperate report today shows that mortgage holders are making big changes to their finances to cope with dramatically higher monthly payments.
That can includes cutting pension contributions and downsizing to a smaller property, my colleague Rupert Jones reports.
“Zoopla said enquiries about properties listed on its website rose by 12% over the past four weeks, suggesting that the worst could be over for the UK’s struggling housing market.
A combination of the back-to-school season, disinflation, soaring rents, cooling house prices, and an improvement in mortgage offers have prompted potential buyers to revisit the property purchase market.
