Halifax says property prices fell 0.2% monthly in May 2020

Property prices have fallen for the third month in a row in May as coronavirus stalled activity in the market, a housing report shows. However, the decline has been modest, with just a 0.2 per cent monthly downturn in values, according to the Halifax index. The fall took the average house price in Britain to … 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

Coronavirus UK: Obesity, gender and race death risks examined

Urgent probe into obesity link to Covid-19 deaths: Matt Hancock orders health officials to find why certain groups including the overweight, men and ethnic minorities are more likely to die Matt Hancock has ordered health officials to trawl through victim records He said it was too early to suggest weight was a factor but data … Read more

Halifax hiked my home insurance by 29% but couldn’t tell me why

Halifax hiked my home insurance by 29%, so could it tell me why? SIMON LAMBERT on trying to pin down his loyalty penalty By Simon Lambert for Thisismoney.co.uk Published: 06:00 BST, 20 February 2020 | Updated: 12:59 BST, 20 February 2020 At the start of the year, I was sent a renewal letter by my … Read more

Halifax and Barclays scrap new mortgages below 40% deposit

Two of Britain’s biggest banks have pulled new mortgages for all but those with the biggest deposits or sizeable equity in their homes. Barclays and Halifax have both stopped selling all mortgages above 60 per cent loan-to-value this week, as the housing market grinds to a halt amid the coronavirus outbreak.  The move triggered by … Read more

Lloyds and Halifax banking apps go down

Lloyds and Halifax banking apps go down leaving customers locked out of their accounts Customers of both banks have been locked out of their banking app and website Around 1,200 Halifax and 800 Lloyds customers have reportedly been affected Annoyed users took to Twitter to report the problem, which is being ‘worked on’ By Jonathan Chadwick … Read more

House prices steady but coronavirus could dent recovery, says Halifax

The housing market continued to show signs of improvement in February, but coronavirus could dent the nascent recovery, Halifax said today. House prices rose 2.8 per cent in the year to February, with the average property gaining £6,443 annually to reach a new record high of £240,677, according to Britain’s biggest mortgage lender. That marks a … Read more