The property market is famously difficult to predict. In recent years, Brexit uncertainty and the pandemic should have halted price growth. But it didn’t. In fact, not only did prices not fall, the last two years have seen increases at rarely seen before rates. Almost every area has seen double-digit price inflation with ...

Homeowners typically have a gross annual income that is 29pc higher than that of private renters. Those on higher incomes also hold the bulk of the £180bn in additional savings British households accumulated over the pandemic. The new dominance of fixed-rate mortgages will insulate the market from much of the immediate pain of interest rate ...

Yes of course there will be households who cannot cope, and fall into arrears. There may even be a marked rise in foreclosures. But as Mark Carney, a former governor of the Bank of England, once observed, however hard things get, British households will do almost everything to keep paying their mortgages. That’s why banks ...