We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookie Policy
Accept
The Tycoon Herald
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Reading: UK home costs rise to report excessive
Sign In
The Tycoon HeraldThe Tycoon Herald
Font ResizerAa
Search
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© Tycoon Herald. All Rights Reserved.
UK home costs rise to report excessive
The Tycoon Herald > Economy > UK home costs rise to report excessive
Economy

UK home costs rise to report excessive

Tycoon Herald
By Tycoon Herald 2 Min Read Published February 7, 2025
Share
SHARE

Keep knowledgeable with free updates

Merely signal as much as the UK home costs myFT Digest — delivered on to your inbox.

The common UK home value rose greater than anticipated in January, hitting a brand new report excessive, in response to mortgage lender Halifax.

Home costs rose 0.7 per cent within the month following a dip of -0.2 per cent in December, taking the typical property value to £299,138 in response to new knowledge on Friday.

This was a lot stronger than the 0.2 per cent progress anticipated by economists polled by Reuters.

Nevertheless, annual progress in costs eased barely to three per cent, down from 3.4 per cent within the earlier month.

Amanda Bryden, head of mortgages at Halifax, mentioned the UK housing market had “started the year on a positive note”.

“Affordability is still a challenge for many would-be buyers, but the market’s resilience is noteworthy. There’s strong demand for new mortgages and growth in lending,” she mentioned, including that some first-time consumers may need been keen to finish purchases earlier than an increase in stamp responsibility on the finish of March.

UK home costs rise to report excessive

On Thursday, the Bank of England cut interest rates by a quarter of a percentage point to 4.5 per cent, the lowest since June 2023, supporting the property market.

BoE deputy governor Dave Ramsden said the gradual reduction in rates since August last year was feeding through into mortgage rates, supporting demand.

Friday’s figures distinction with separate knowledge from mortgage lender Nationwide, which confirmed home costs rising solely 0.1 per cent in January, a slowing of the expansion fee.

You Might Also Like

Seems financial knowledge *does* matter for inventory merchants

Don’t anticipate a farmers’ revolt to average Trump’s tariff marketing campaign

Trump’s assaults forged a chill on what Wall Road says

FirstFT: EU plans to unfreeze €2bn of Deripaska-linked property

Walmart steps up automation with sensors monitoring retailer shipments

TAGGED:HighHousepricesrecordrise
Share This Article
Facebook Twitter Email Copy Link Print
Timothée Chalamet Debuts Shaved Head in ‘Marty Supreme’ Promo
Entertainment

Timothée Chalamet Debuts Shaved Head in ‘Marty Supreme’ Promo

Timothée Chalamet I Shaved My Head!!! Revealed October 7, 2025 5:24 PM PDT Play video content material Timothée Chalamet took a razor to his mane ... as a result of…

By Tycoon Herald 1 Min Read
Taylor Swift Exhibits Off Her Showgirl Fashion in NYC Amid New Album
October 8, 2025
Hero World Problem: Tiger Woods lacking from preliminary discipline line-up as Scottie Scheffler confirms return to defend Bahamas title
October 8, 2025
Channing Tatum Denies Jax Taylor’s Declare About Being Former Roommates
October 8, 2025
Marc Guehi switch information: Barcelona, Bayern Munich and Actual Madrid have benefit in race for Crystal Palace captain
October 8, 2025

You Might Also Like

How I learnt to cease worrying about China’s surplus
Economy

How I learnt to cease worrying about China’s surplus

By Tycoon Herald 14 Min Read
China curbs use of Nokia and Ericsson in telecoms networks
Economy

China curbs use of Nokia and Ericsson in telecoms networks

By Tycoon Herald 6 Min Read
FirstFT: Brussels backs US-style tariffs on Chinese language metal
Economy

FirstFT: Brussels backs US-style tariffs on Chinese language metal

By Tycoon Herald 7 Min Read

More Popular from Tycoon Herald

MEET THE FATHER OF COADUNATE ECONOMIC MODEL
BusinessTrending

MEET THE FATHER OF COADUNATE ECONOMIC MODEL

By Tycoon Herald 2 Min Read
Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

By Tycoon Herald
Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments
InnovationTrending

Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments

By Tycoon Herald 7 Min Read
Travel

Navigating luxurious yacht constitution prices: Understanding charges and bills

Whether or not you're celebrating a particular household event, a milestone birthday or maybe kicking off…

By Tycoon Herald
Entertainment

Gwyneth Paltrow Celebrates sixth Wedding ceremony Anniversary With Attractive Pic

Gwyneth Paltrow and Brad Falchuk celebrated their sixth marriage ceremony anniversary over the weekend -- and…

By Tycoon Herald
Trending

U.S. Blew Up a C.I.A. Post Used to Evacuate At-Risk Afghans

A controlled detonation by American forces that was heard throughout Kabul has destroyed Eagle Base, the…

By Tycoon Herald
Leadership

Northern Lights: 17 Best Places To See Them In 2021

Who doesn’t dream of seeing the northern lights? According to a new survey conducted by Hilton, 59% of Americans…

By Tycoon Herald
Real Estate

Exploring Bigfork, Montana: A Little Town On A Big Pond

Bigfork, Montana, offers picturesque paradise in the northern wilderness. National Parks Realty With the melting of…

By Tycoon Herald
Leadership

Leaders Need To Know Character Could Be Vital For Corporate Culture

Disney's unique culture encourages young employees to turn up for work with smiles on their faces.…

By Tycoon Herald
The Tycoon Herald

Tycoon Herald: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Terms of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© Tycoon Herald. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?