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The UK Mortgage Crisis Explained: Is the Housing Market About To Crash?
- Published_at:2023-06-16
- Category:News & Politics
- Channel:TLDR News
- tags:
- description: Get Nebula for just $2.50 a month: https://go.nebula.tv/tldrnewsuk Watch the first episode of TLDR's Race Across Europe for free: https://youtu.be/aEPDsRFS78c The UK housing market is facing a crisis as mortgage rates rise and house prices continue to plummet. With mortgage borrowing at record lows, existing homeowners are facing financial strain, while future buyers are holding off in hopes of a further price drop. As the crisis worsens, we explore the potential consequences for owners, buyers, renters, and the housing market. 💬 Twitter: https://twitter.com/tldrnewuk 📸 Instagram: http://www.instagram.com/tldrnewsuk 🎞 TikTok: https://www.tiktok.com/@tldrnews 🗣 Discord: https://tldrnews.co.uk/discord 💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA Support TLDR on Patreon: http://www.patreon.com/tldrnews Donate by PayPal: https://tldrnews.co.uk/funding TLDR Store: https://www.tldrnews.co.uk/store TLDR TeeSpring Store: https://teespring.com/stores/tldr-spring Learn About Our Funding: https://tldrnews.co.uk/funding TLDR is all about getting you up to date with the news of today, without bias and without filter. We aim to give you the information you need, quickly and simply so that you can make your own decision. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by just a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, following, and backing us on Patreon. Thanks! ///////////////////////////////////// 1 - https://www.youtube.com/watch?v=rt2pz9zN254 2 - https://www.newstatesman.com/business/2023/06/uk-mortgage-rates-rising-ticking-bomb 3 - https://www.ft.com/content/a9ec90f5-ade0-4d15-8160-1418000e3d49 4 - https://www.bloomberg.com/news/newsletters/2023-06-01/the-respite-period-for-uk-housing-is-over 5 - https://www.theguardian.com/money/2023/jun/01/uk-house-prices-fall-nationwide-high-interest-rates 6 - https://www.theguardian.com/money/2023/jun/01/uk-house-prices-fall-nationwide-high-interest-rates 7 - https://www.bloomberg.com/news/articles/2023-06-02/britain-s-housing-market-is-struggling-with-more-pain-to-come 8 - https://www.ft.com/content/a087ec45-7032-4c33-a3fb-5f120e222d0e 9 - https://www.ft.com/content/5d2b9983-2f4c-4a1b-a781-5ca3ceed06f1 10 - https://www.ft.com/content/a087ec45-7032-4c33-a3fb-5f120e222d0e 11 - https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/april2023#latest-movements-in-cpi-inflation 12 - https://www.ons.gov.uk/economy/inflationandpriceindices/articles/newestimatesofcoreinflationuk/2022 13 - https://www.thetimes.co.uk/article/housebuilders-flag-on-news-of-falling-values-0wcdb0058 14 - https://www.ft.com/content/c39aef31-4daa-405c-a84b-29f31a7d74f8 15 - https://www.ft.com/content/69632bc0-dec9-4a67-a9d0-cd64c4bd832c 16 - https://twitter.com/nickmacpherson2/status/1668711908390629378 17 - https://researchbriefings.files.parliament.uk/documents/CBP-9428/CBP-9428.pdf 18 - https://www.bbc.co.uk/news/business-58738741 19 - https://www.bbc.co.uk/news/business-65856683 20 - https://www.barclays.co.uk/mortgages/mortgage-calculator/interest-rate-calculator/#/interestresults 21 - https://www.thetimes.co.uk/article/cost-of-remortgaging-soars-by-nearly-40-in-four-years-2nmxzkngw 22 - https://www.bloomberg.com/news/articles/2023-06-09/hsbc-among-uk-banks-pulling-mortgage-deals-from-the-market-again 23 - https://www.theguardian.com/money/2023/may/30/uk-mortgages-deals-pulled-interest-rate-fixed-term-loans-moneyfacts 24 - https://www.theguardian.com/money/2022/jun/25/uk-mortgage-stress-test-first-time-buyers 25 - https://www.theguardian.com/money/2022/jun/25/uk-mortgage-stress-test-first-time-buyers 26 - https://www.bbc.co.uk/news/business-65856683 27 - https://www.thetimes.co.uk/article/soaring-rents-may-turn-housing-crisis-into-disaster-say-experts-62997n25q 28 - https://inews.co.uk/news/politics/rishi-sunak-call-early-general-election-this-year-mortgage-rate-crisis-mps-2410604
| ranked in date | views | likes | Comments | ranked in country (#position) |
|---|---|---|---|---|
| 2023-06-17 | 120,642 | 3,261 | 783 |
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