Bob Dibden Bob Dibden

Rural prices outpace towns and cities

Rural house prices are still rising faster than those in towns and cities, according to Nationwide. While the pandemic-driven rush for countryside homes has eased, demand for space continues to support stronger growth in rural areas.

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Bob Dibden Bob Dibden

Mortgage debt squeeze tightens

The number of UK homeowners with more than £300,000 left to repay on their mortgage has nearly doubled in the past seven years, highlighting the growing financial strain many are facing, amid high property prices and rising interest rates.

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Bob Dibden Bob Dibden

Annual house prices higher in May

House prices crept up again in May, with Nationwide reporting annual growth of 3.5%, slightly above April’s 3.4%. Prices also rose 0.5% month on month, once seasonal factors were taken into account.

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