Mortgage Rate Trends 2024 Uk. House prices are forecast to rise by 2.5% this year on the back of this month’s base rate cut if further reductions follow, according to savills. House prices rose 1.7% in 2023, the halifax announced last week, underlining how positive the data has become since last summer, when declines of 5% looked likely to widen.

The number of uk mortgaged homes taken into possession rose 8% in the second quarter of 2024 as high interest. Confused by the uk mortgage rate rollercoaster?