Category : Search result: UK mortgage cuts


UK Job Cuts Hit Fastest Rate Since Pandemic

Private sector employment fell 1.8% in November, the sharpest drop since July 2021. The Bank of England's survey points to a December interest rate cut amid rising inflation expectations. Read the full analysis.

Nationwide Cuts Mortgage Rates to 3.58%

Nationwide Building Society has cut selected fixed mortgage rates to as low as 3.58%, offering a Christmas boost for home buyers and movers. Read the full details and expert reaction here.

UK House Prices See £772 Boost in November

Nationwide's latest index shows UK house prices rose by £772 in November to £272,998. Experts discuss market resilience and the outlook for 2026. Read the full analysis.

Pre-Christmas Rate Cut Likely as Mortgage Rates Fall

The Bank of England is expected to cut interest rates on December 18, with markets predicting a 90% chance. This has already triggered mortgage rate reductions from major lenders, offering hope to home buyers.

DWP Scraps PIP Car Perk in Labour Budget

Chancellor Rachel Reeves axes Motability Scheme for PIP claimants, calling it an 'easy win'. Critics warn cuts target the vulnerable. Read the full story.

Mobico slashes jobs in major cost-cutting drive

Mobico, owner of National Express, announces job cuts and lower profit forecasts. Shares initially fell 14% as the firm tackles UK coach competition and falling bus passenger numbers.

Cash ISA Cut Threatens Building Societies

Chancellor Rachel Reeves is set to slash the cash ISA allowance from £20,000 to £12,000 in the Autumn Budget. Experts warn this could damage the building society ecosystem and lead to higher mortgage rates. Read the full analysis.

Universal Credit disability payments cut for new claimants

New Universal Credit rules will slash disability top-up payments by nearly 50% for new claimants from April 2026, creating a two-tier system. Critics call the changes 'unfair' and 'poorly designed'. Learn how this affects you.

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