Posts

Showing posts matching the search for Halifax

UK Housebuilders Weaken After Halifax Outlook

Image
Summary: UK house builders experience stock price declines following figures and comments from Halifax. Volatility in the housing market presents opportunities for investors. Halifax reports a fourth consecutive monthly decline in British house prices . Resilience observed in the market among first-time buyers seeking smaller properties . ...

Cost of Living Crisis: Halifax Joins Rivals in Cutting Mortgage Rates

Image
Summary: Halifax , the UK's biggest mortgage lender, is reducing rates by up to 0.71 percentage points. HSBC and other major banks have also announced rate cuts in response to rising mortgage rates. The reduction in rates provides relief to homeowners and potential buyers, especially for fixed-rate deals. The move is influenced by expectations of Bank of England rates and inflation trends. Mortgage rates have been on the rise due to consecutive interest rate increases by the Bank of England . Recent decrease in inflation offers optimism about possible rate stabilization. Mortgage companies are aiming to attract customers by ...

Travel chaos as more snow and ice hit parts of the UK | 5 News

Image
Travel chaos as more snow and ice hit parts of the UK | 5 News The slow crawl across the M62, the snow trying everyone's patience. Some vehicles abandoned on the roadside. 14 centimetres of snow fell in parts of West Yorkshire and on the highest stretch of the motorway linking Leeds and Manchester, no one was going anywhere in a hurry. I didn't expect there to be as much snow on the road still. When I was going over Scamondon, the motorway, there was a lot more snow on the roads than I thought there was going to be. Got stuck twice. All broke free for some reason. It was great for a couple of miles and then bang again. Huge diversion through Halifax, not to be between 21 and 24. You were wise. We were wise but it's taken forever. Going through all the little roads, top moored and all that. I'm glad I didn't go on the M62. Those were the daytime woes. Overnight ...