Gross lending activity in the UK mortgage market slowed in the last quarter - but new mortgage commitments hit their highest level in nearly two years, according to new data from the...

Gross lending activity in the UK mortgage market slowed in the last quarter - but new mortgage commitments hit their highest level in nearly two years, according to new data from the...
30-year gilt yields rose to 5.75% this week – the highest level since 1998.
Average mortgage rates have fallen for the fifth consecutive month.
Mann says she stands ready for "forceful policy action" in the future.
Only 9% suggested there would be no more cuts from the MPC by February 2026.
Industry experts are now split on when the Bank of England will next cut interest rates.
GDP data provides some relief for Reeves ahead of the Autumn Budget, economists say.
The latest forecast from the Bank now shows inflation peaking at 4% in September, up from its previous prediction of 3.7%
Remortgaging approvals are at their highest since October 2022.
CPI inflation is now nearly double the Bank’s 2% target.
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