This is a news story, published by BBC UK, that relates primarily to Nationwide news.
For more real estate & housing news, you can click here:
more real estate & housing newsFor more news from BBC UK, you can click here:
more news from BBC UKOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like real estate & housing news, you might also like this article about
House price growth. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest house prices news, mortgage rates news, real estate & housing news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
high mortgage ratesBBC UK
•
79% Informative
People buying a house for the first time are spending 37% of their take-home pay on mortgage.
Figure is well above the long-term average of 30% for first time buyers.
House price growth picked up in the year to July as wages rose, Nationwide said.
Bank of England is widely expected to cut interest rates at some point this year .
VR Score
91
Informative language
96
Neutral language
81
Article tone
semi-formal
Language
English
Language complexity
40
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links