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Mortgage Interest Rates Forecast 2024 Uk. Uk lending for house purchases will fall by 8% in 2024, a trade association representing banks is predicting. Let's delve into the intricacies of 2024 uk mortgage rates and explore the factors shaping the trajectory of the property market.

House prices rose 1.7% in 2023, the halifax announced last week, underlining how positive the data has become since last summer, when declines of 5% looked likely. House prices are forecast to rise by 2.5% this year on the back of this month’s base rate cut if further reductions follow, according to.