House prices suffer biggest drop since February 2009, says Nationwide

The average house price across the UK suffered its biggest drop for more than 11 years in May, a leading index revealed today – with one leading estate agent calling the numbers a ‘car crash’. In May, the average cost of a home fell by 1.7 per cent month-on-month, marking the sharpest decline since the … Read more

Electric car owners PAID to charge as prices turned negative

A slump in demand for power over the bank holiday weekend saw some electric car owners make money when charging their vehicles, it has been revealed. That came as wholesale electricity prices turned negative because of lower demand and sunny and windy weather increasing renewable energy production.  For some customers of Octopus Energy, this meant … Read more

Prices of dishwashers, paint, and Christmas trees could be cut under post-Brexit tariffs

Britons could see prices of dishwashers, paint, padlocks and Christmas trees cut as government unveils post-Brexit tariffs on imports The government has unveiled the post-Brexit tariffs that will apply to imports  The schedule will come into force at the end of transition, due to be in January  Christmas trees, dishwashers, paint, padlocks among the items … Read more

Cheapest energy deals: We reveal the best tariffs as prices fall

Best buy energy deals reach cheapest point in two years thanks to falling wholesale costs – could you slash your bills with one of these 10 cheapest tariffs? Wholesale costs have dropped, meaning cheaper tariffs This will be welcome news for the people working at home during lockdown  We reveal the best energy offers currently … Read more

House prices will take a year to recover, Rics warns

House prices could take nearly a year to recover from the fallout of the coronavirus pandemic, the UK’s leading property professionals have warned. A Royal Institution of Chartered Surveyors report said that 80 per cent of its member agents had seen buyers and sellers pull out of property deals during lockdown.  Last month, the Rics called … Read more

House prices to fall 7% this year as lockdown is extended

House prices now predicted to fall 7% this year thanks to coronavirus lockdown and much of the decline has already taken place, estate agent says By Camilla Canocchi for Thisismoney.co.uk Published: 18:09 BST, 12 May 2020 | Updated: 18:17 BST, 12 May 2020 Property prices are forecast to fall 7 per cent this year as … Read more

Halifax index: House prices fall in April 2020 thanks to coronavirus

House prices in April 2020 were still 2.7 per cent higher compared to the same time last year despite the coronavirus outbreak, new monthly data from Halifax reveals. However, property values were down by 0.6 per cent in April compared to in March, the biggest monthly fall in two years, according to the lending giant.  … Read more

House prices ‘unexpectedly’ rose in April – and are above £220,000

The averge UK  property prices ‘unexpectedly’ increased in April despite the coronavirus lockdown, fresh figures from Nationwide suggest.  The average cost of a home across the country rose by 0.7 per cent compared to March, and on an annual basis, house prices rose by 3.7 per cent. At a record £222,915, the average house price is … Read more

Benidorm holiday prices are being searched for the most 

Revealed: Britons’ top 20 most-searched-for holiday prices for end-of-the-year getaways – and it’s Benidorm that’s No1, followed by the Maldives, Las Vegas and Tenerife A study looked at package holiday price searches this month – from April 1 to 28 In a top 20 package holiday search ranking, long-haul destinations dominate Researchers say that it’s … Read more