Topic
The buying, selling and pricing of residential property in the United Kingdom, tracked through house price indices and mortgage approval data.
Kemi Badenoch says a Conservative government would end inheritance tax on family homes and let couples leave an extra £1m tax-free. For owner-operators planning succession, it stays an opposition promise until the party wins power and passes it into law.
Reality
Moneyfacts says the average UK five-year fixed mortgage has hit 6%, a three-year high, though the Bank of England has held rates since December. Staff refixing a loan pay that price from the day their current deal expires, whatever the Bank decides next.
Perspective Coverage
3 publishersReality
IMF chief Kristalina Georgieva said an energy shock, record public debt and the AI boom threaten global growth, with Brent crude back above $100. For 2027 plans, the firmer signal is expensive money: US and UK government yields are above 5% while UK household spending holds up.
Reality
London house prices fell 2.2% in the year to September, the Lloyds index shows, while the UK average held flat. For employers with staff in the south, cheaper homes now come with dearer mortgages, so pay and housing decisions depend on the regional figures.
Reality
Britain's two-year SONIA swap rose 27 basis points in a month to 4.68%, a move a broker says adds about a third of a point to fixed-mortgage funding. Those swaps, more than the 30-year gilt hovering near 6%, set what UK borrowers pay when cheap fixes expire.
Reality