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The Latest Breaking News from Robert Gardner

Sharp drop in UK house prices as rising cost of borrowing hits market

House prices fell 5.3 per cent in August, the biggest annual percentage drop since 2009

The Independent UK

UK house prices fall at fastest rate since 2009, says Nationwide

August 5.3% drop comes as sales completions down by about 40% in first half of year compared with 2021

The Guardian - UK

House prices fell in August at sharpest annual rate since 2009, says Nationwide

House prices fell by 5.3% annually in August, taking the average property value to £259,153, Nationwide Building Society said.

The Independent UK

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UK interest rate rise: what it means for you

How the new base rate may affect mortgage holders and savers

The Guardian - UK

UK house prices drop at sharpest annual rate in 14 years – here's what you need to know

Nationwide reveal that housing affordability 'remains stretched'

Ideal Home

UK house prices fall at fastest annual rate for 14 years

The price of a typical home is now 4.5 per cent below the August 2022 peak

Evening Standard

UK house prices fall at fastest rate since 2009 after interest rate rises

Nationwide says cost of a typical home is £260,828 after 3.8% year-on-year drop in July

The Guardian - UK

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UK recession fears swirl as factory output falls and house prices slide – as it happened

Nationwide reports average house prices fell 3.8% in year to July, biggest annual drop in 14 years, while manufacturers suffer worst month of 2023

The Guardian - UK

Recession fears as house prices slump and manufacturers suffer worst month since lockdown

Price of a typical home is now 4.5 per cent below the August 2022 peak

The Independent UK

UK house prices fall at fastest annual rate in 14 years

The price of a typical home is now 4.5% below the August 2022 peak, Nationwide Building Society said.

The Independent UK

UK house prices rise unexpectedly in June but annual rate falls

Nationwide says mortgage crisis ‘likely to exert significant drag’ on market activity in coming months

The Guardian - UK

Average house price falls 3.5% as mortgage rates keep climbing

The sharp increase in borrowing costs is likely to exert a significant drag on near term housing market activity, Nationwide Building Society said.

The Independent UK

Eurozone inflation drops; UK recession fears linger; Apple hits $3trn valuation – as it happened

Eurozone price pressures have eased, although core inflation has risen, as economists warn UK recession risk has not vanished

The Guardian - UK

Brexit was ‘historic economic error’, says ex-US Treasury chief

UK’s exit from EU helped fuel inflation crisis, says top US economist Larry Summers

The Independent UK

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The Guardian - UK

UK mortgage lending hits record low in sign of housing market stress

Bank of England data shows sharp dip in borrowing as Nationwide says house prices falling at fastest annual rate since 2009

The Guardian - UK

Eurozone inflation falls to 6.1%; Brexit a ‘historic economic error’; US private payrolls rise – as it happened

Eurozone inflation eased more than expected last month, as former US Treasury secretary Larry Summers warns Brexit helped to drive up UK inflation

The Independent UK

Housing market headwinds set to strengthen in near term, says Nationwide

Across the UK, house prices fell by 0.1% month on month and by 3.4% annually in May, Nationwide Building Society said.

Evening Standard

‘Tentative signs of a recovery’ as UK house prices rise month on month

Average UK house prices had fallen for seven months in a row before April’s slight increase

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The Guardian - UK

UK house prices rise for first time in eight months

Nationwide expert hails ‘tentative signs of a recovery’ as buyers’ confidence improves

The Guardian - UK

UK house prices rise after seven months of falls; Uber revenues jump; eurozone inflation rises to 7% – as it happened

Nationwide reports that UK house prices shows ‘signs of stabilisation’ in April, rising unexpectedly by 0.5%

The Independent UK

‘Tentative signs of a recovery’ as house prices rise month on month

Average UK house prices had fallen month on month for seven months in a row before April’s pick-up, Nationwide Building Society said.

Bristol Post

Nationwide Index shows UK house prices have dropped for seven months in a row

Nationwide reports the largest annual decline since July 2009

The Guardian - UK

UK house prices fall at fastest annual rate since 2009

Average property drops 3.1% to £257,122 over year to March, says Nationwide

Evening Standard

Average UK house prices have fallen for seven months in a row

House prices prices have dipped 4.6 per cent below their August peak.

The Independent UK

Average UK house prices have fallen for seven months in a row – Nationwide

House prices have dipped 4.6% below their August peak, according to Nationwide Building Society.

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