What's happening to house prices?

Energy regulator Ofgem have announced the new energy price cap, with energy prices set to rise by 5% on average from this coming January. It means energy prices remain shockingly high, with most households continuing to pay more on their energy bills than last year.The price cap changes every three months and had infact fallen in recent months. However from...

The Bank of England have raised interest rates by half a percent point to 2.25% - the highest level since November 2008. Raising interest rates are one of the main tools the Bank of England has to bring down inflation, with the rationale being that higher borrowing costs will mean people are less likely to spend and more inclined to save.In a statement, Chan...

The Bank of England has raised interest rates for a 13th consecutive time as it tries to stop prices rising so quickly. The Bank rate, set by the Monetary Policy Committee, has gone up to 5% from 4.5%.The rise means further pain for some homeowners, however could benefit savers. The Bank of England have been consistently raising interest rates in an attempt...