Skip to content

The UK Housing Market Finally Cracked. Now What?

The jump in mortgage rates is starting to feed through to falling house prices

Real Estate Market Ahead Of Mortgage Approvals Figures
Photographer: Chris Ratcliffe/Bloomberg

Welcome to Money Distilled. I’m John Stepek. Every weekday I look at the biggest developments in the world of markets and economics, and explain exactly what it all means for your money.

I want to hear from you, so send your feedback, opinions or questions to me at jstepek2@bloomberg.net. I plan to print the best comments every Friday, so if you’d rather I didn’t consider you for publication, then please make that clear, or else I’ll assume you’re happy to see your name (or email pseudonym) in lights.