Weekly Wrap – 16th May 2025

Introducing this Friday’s Weekly Wrap, where we bring the news to you. 

Every Friday we are ending your work week by wrapping up the last 7 days of news for you by choosing some key updates and events to share. This news will cover everything property, from estate agent fees to broker updates to government policy, and be a sure way for you to finish your week up to date.

In the past seven days have seen Q1 insights, mortgage rates fall, and movement from across the pond. Let’s dive into this week’s Weekly Wrap:

  1. Average two-year fix falls to lowest rate since 2022
  2. Mortgage arrears fall in Q1
  3. US buyers showing more interest in UK housing
  4. Homeowners have over 10 times more in savings than renters
  5. Rachel Reeves says UK economy ‘beginning to turn a corner’
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