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The Latest Breaking News from Halifax

UK’s public finances on ‘unsustainable’ long-term path; house prices surge despite squeeze – as it happened

Office for Budget Responsibility warns the world is becoming a riskier place, as UK faces cost of aging population and loss of fuel duty

The Guardian - UK

Housing market ‘defied any expectations of a slowdown in June’

Across the UK, the average house price in June was a record £294,845, Halifax said.

The Independent UK

House prices rising at their fastest rate since 2004 says Halifax

London is most expensive but slowest growing regional property market with 7.1%

Evening Standard

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Howard from Halifax adverts says he 'wouldn't wear' pronoun name badge

Halifax caused a stir after introducing the subtle change to their staff's name badges

Manchester Evening News

‘Howard Halifax’ criticises bank for ‘disgraceful’ pronoun name badge row

Bank says customers who disagree with its stance on gender are free to close their accounts

The Independent UK

Halifax branded 'disgraceful' by most famous employee Howard in pronoun badge row

Customers have been swapping to rival banks, cutting up credit cards and withdrawing assets worth up to £450,000 after Halifax told those who "disagree with its values" to close their accounts

Daily Mirror

Halifax tells customers to 'close their account' if they disagree with gender pronouns policy

The bank shared an image of an employee's name badge on social media which contained their preferred pronouns underneath.

Daily Record

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Halifax tells customers who don't like staff pronoun badges they can close their accounts

Halifax said the move was 'a very simple solution to accidental misgendering', and told customers if they dislike their 'values' they can close their accounts - there has been mixed reactions to the move.

Daily Mirror

House prices soar to a record ten times the average earnings

The rental market has also exploded with prices faced by tenants set to rise even higher

Daily Mirror

Halifax defends pronoun badges, tells critics they’re welcome to close their accounts

The bank is standing by its decision to support its LGBTQ+ employees

Evening Standard

ITV This Morning fans left furious over pronouns row

Many viewers were unhappy after the topic of gender identity was debated live on Thursday

Liverpool Echo

Halifax hits back at customers who oppose personal pronoun badge policy

The bank gives staff the option of displaying their preferred pronouns on name tags

The Independent UK

Halifax says customers who don't agree with pronouns badge 'can close accounts'

The move has sparked quite the debate

Wales Online

Halifax bank tells customers to close accounts if they don’t like staff pronoun badges

Company insists new move is ‘completely optional’ for staff

The Independent UK

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Liverpool Echo

Halifax says customers 'can close accounts' if unhappy with latest changes

Halifax took to Twitter to share the latest update but was hit with a barrage of angry comments

Chronicle Live

Halifax tells customers they can close accounts over pronoun badge row

The bank has been praised by some for making sure identities are respected

Evening Standard

Buying with a low deposit: UK’s biggest lender launches 5% mortgage for new build houses

The mortgage is only available on new-build houses costing less than £570,000, of which there are less than 12 currently for sale in London

Glasgow Live

Council area near Glasgow named most affordable place to buy home in UK

London was found to be the most expensive place to buy a home, with an average property price of £534,977 and house price to earnings ratio of 9.7.

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news in one place.

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Wales Online

Average house prices in the UK are 7.1 times typical earnings

In the first quarter of 2022, the cost of an average home in the UK was £279,431

Evening Standard

Housing affordability worst it’s ever been as prices outstrip earnings

London is the most unaffordable region in the UK, with the average house now costing nearly ten times local average earnings

The Independent UK

UK house prices: Will rising interest rates cause a property market crash?

Property pices are rocketing but many experts are predicting a slowdown in price growth later this year, explains Ben Chapman

The Guardian - UK

Ten-year fixed-rate UK mortgages ‘are now incredible value’

As rates on shorter-term loans increase, longer-term deals look more attractive

Daily Mirror

Why are properties being down valued - and does it mean you'll lose your dream home?

Buyers are reporting an increase in downvaluations, where the home they want is suddenly valued at less than the mortgage they need to buy it, leaving them with few options

Birmingham Post

Northern Ireland house prices head higher but "softening" on the horizon

Both RICS and Halifax reported price rises but inflation is beginning to bite

Birmingham Post

House prices could fall in 2022 and 2023, Bristol mortgage expert warns

The squeeze on consumer finances caused by rising inflation could start to impact the housing market, he said

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