A for sale and sold sign outside a residential property in London, UK, on Thursday, Oct. 13, 2022. — A for sale and sold sign outside a residential property in London, UK, on Thursday, Oct. 13, 2022.
Photographer: Chris Ratcliffe/Bloomberg

City Of London

This Is What 6% Mortgage Rates Mean for UK House Prices

Higher borrowing costs are pushing the housing market to a tipping point.

October 14, 2022 at 1:51 PM UTC

Sign up for John Stepek's Money Distilled newsletter for the biggest developments in the world of markets and economics, and what it all means for your money.

Can UK housing prices withstand mortgage rates north of 6%?

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Take our Survey

Before it's here, it's on the Bloomberg Terminal