Mortgage Costs Stabilize in June, says Barclays

Housing Costs: According to research at Barclays, rent and mortgage spending in the UK have increased by just 1.5% year-on-year in June, the slowest growth since March 2023.
Energy Bills: Consumer spending on utilities fell by 15.6% in June, with further declines expected after the energy price cap decrease on July 1.
Consumer Spending: Poor weather in early June reduced spending on household categories like DIY and garden centers.
Renter Preferences: Almost half of renters consider mould and damp as deal-breakers, with living room access and outdoor space also high priorities.
Consumer Confidence: Optimism about living within means increased to 73%, and job security confidence rose to 49%.