In the news this week<\/a>: falling mortgage rates could spur autumn boost for house market; Bank of England to cut interest rates and; UK house prices hit two-year high…<\/p>\n <\/p>\n \u201cThe average two-year fixed rate is now 5.56% (as of the start of September), which is a fall of 0.21% compared with August\u2019s figures. Meanwhile, the average five-year fixed rate now stands at 5.20%, having fallen by 0.18% month-on-month\u201d\u2026<\/p>\n Read the full article<\/a><\/p>\n <\/p>\n \u201cThe Bank of England will keep its main interest rate at 5% next week but reduce it in November even though inflation is expected to stay above the central bank\u2019s 2% target, a firm majority of economists in a Reuters poll said.<\/p>\n All 65 economists in the Sept. 6-11 poll predicted the Bank Rate will be left at 5% next week\u201d\u2026<\/p>\n Read the full article<\/a><\/p>\n <\/p>\n \u201cUK house prices hit a two-year high last month, in the latest sign that the property market has recovered from the aftermath of Liz Truss\u2019s infamous mini-budget that sent borrowing costs soaring, according to the latest figures from Halifax.<\/p>\n The lender said the cost of an average house increased by 0.3% last month, after rising 0.9% in July, pushing the average cost of a property to \u00a3292,505\u201d\u2026<\/p>\n Read the full article<\/a><\/p>\n <\/p>\n \u201cAfter a prolonged period of economic headwinds, the UK economy is starting to show signs of recovery and growth and the current 2.8% rate of inflation is close to the Bank of England\u2019s target of 2%. At the same time, house prices have not only stabilised, but are showing strong signs of growth, with the latest UK House Price Index recording a fifth consecutive month of monthly growth, and a fourth consecutive month of annual growth\u201d\u2026<\/p>\n Read the full article<\/a><\/p>\n <\/p>\n “Landlords and renters are facing the biggest changes to the private rental sector in decades under new legislation that will end \u201cno fault\u201d evictions and tighten standards for the conditions and maintenance of rented homes”…<\/p>\n Read the full article<\/a><\/p>\n <\/p>\n <\/p>\n The 7am Cut BuyAssociation curates a weekly news letter of the top property news headlines \u2013 to receive your weekly round up of property news,\u00a0register today. In the news this week: falling mortgage rates could spur autumn boost for house market; Bank of England to cut interest rates and; UK house prices hit two-year high…… Read more »<\/a><\/p>\n","protected":false},"author":4212,"featured_media":6102428,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[349,716,59],"tags":[],"class_list":["post-6102424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manchester","category-the-7am-cut","category-trending-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/6102424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/users\/4212"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/comments?post=6102424"}],"version-history":[{"count":5,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/6102424\/revisions"}],"predecessor-version":[{"id":6102430,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/6102424\/revisions\/6102430"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media\/6102428"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media?parent=6102424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/categories?post=6102424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/tags?post=6102424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Falling mortgage rates could spur autumn boost for house market<\/strong><\/h3>\n
\u2060–\u00a0Eleanor Harvey, BuyAssociation<\/em><\/h4>\n
Bank of England to cut interest rates, economists forecast<\/strong><\/h3>\n
–\u00a0Marc Da Silva, Property Industry Eye<\/em><\/h4>\n
UK house prices hit two-year high as market recovers from Truss mini-budget<\/strong><\/h3>\n
–\u00a0Mark Sweney and Graeme Wearden, The Guardian\u00a0<\/em><\/h4>\n
<\/h3>\n
House price growth continues to outpace inflation across the UK<\/strong><\/h3>\n
–\u00a0Property reporter<\/em><\/h4>\n
Ministers unveil plans to reform the UK\u2019s rented property market\u00a0<\/strong><\/h3>\n
– Joshua Oliver, Financial Times<\/em><\/h4>\n
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