UK Mortgage Market Insights: Lender Rate Updates, Halifax House Price Index & More | Feb 9, 2024

In this weekly episode, we discuss the latest lender rate and criteria changes, analyze the recent swap rate chart, and scrutinize the Halifax house price index. We delve into potential implications for house prices in 2024, foreseeing the Bank of England's plans regarding interest rates. We conduct an in-depth analysis of various lenders' rate changes and tie them to recent swap rate increases. We also explore a new mortgage lender planning to introduce a 'Dutch style' mortgage, offering reduced mortgage interest rates as your loan to value decreases. We encourage your thoughts and predictions for any potential rate cuts and the base rate at the end of 2024.

00:00 Introduction and Overview

00:33 Latest Swap Rate Chart Analysis

02:08 Lender Rate and Criteria Changes

03:36 Understanding Lenders' Rate Strategies

04:53 Halifax House Price Index Review

07:16 New Mortgage Lender Announcement

08:25 Conclusion and Farewell

Halifax UK | House Price Index | Media Centre