{"id":109089,"date":"2019-07-17T16:59:57","date_gmt":"2019-07-17T09:59:57","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-house-prices-suffer-biggest-slump-since-2009-amid-brexit-anxiety-business-live\/"},"modified":"2019-07-17T17:02:48","modified_gmt":"2019-07-17T10:02:48","slug":"london-house-prices-suffer-biggest-slump-since-2009-amid-brexit-anxiety-business-live","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-house-prices-suffer-biggest-slump-since-2009-amid-brexit-anxiety-business-live\/","title":{"rendered":"London house prices suffer biggest slump since 2009 amid Brexit anxiety &#8211; business live"},"content":{"rendered":"<p>&#013;<br \/>\nRolling coverage of the latest economic and financial news, as UK housing market keeps slowing and the pound hits fresh lowsBreaking: London house prices fell 4.4% in MayBiggest decline in a decadeUK house price growth slows to 1.2%Introduction: Pound hits fresh 27-month lowNo-deal Brexit fears drove sterling below $1.24 10.59am BST There\u2019s a big difference between \u2018more affordable\u2019 and \u2018actually affordable\u2019.Despite the recent slowdown, getting onto the UK housing ladder &#8211; or shimmying up a few rungs &#8211; is a real challenge.ONS data out today shows UK house price growth is slowing \u2013 but the gap between earnings and house prices that has opened up over the long run still remains stark pic.twitter.com\/RR7g9ey5ZCThe national picture is largely driven by what\u2019s going on in the capital &#8211; London house prices have fallen more than 4 per cent over the last year pic.twitter.com\/S3b0usUzhuBut the bigger picture is that for many young people and those on lower incomes buying a home remains out of reach across large parts of the country &#8211; not just London &amp; the South East pic.twitter.com\/kb1f2iHivG 10.56am BST Annual Change in London House Prices pic.twitter.com\/nAcbSbQnRf Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/live\/2019\/jul\/17\/brexit-fears-pound-lows-uk-inflation-house-prices-business-live\" target=\"_blank\">London house prices suffer biggest slump since 2009 amid Brexit anxiety &#8211; business live<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Rolling coverage of the latest economic and financial news, as UK housing market keeps slowing&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-109089","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-snv","jetpack-related-posts":[{"id":88956,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-uncertainty-hits-london-property-market-the-hardest-in-the-uk-reports-show\/","url_meta":{"origin":109089,"position":0},"title":"Brexit uncertainty hits London property market the hardest in the UK, reports show","date":"May 21, 2018","format":false,"excerpt":"\r London remains a weak spot in the slowing UK housing market as Brexit clouds the outlook, reports on Monday showed. The capital had an annual price decline of 0.2 per cent in May, property website Rightmove said on Monday. Separately, Acadata reported that in April London was the only\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102403,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-property-slump-drags-back-uk-house-price-growth\/","url_meta":{"origin":109089,"position":1},"title":"London property slump drags back UK house price growth","date":"December 19, 2018","format":false,"excerpt":"\r Analysts say slowing inflation, stalling property prices and Brexit uncertainty would deter interest rate riseLondon house prices slipped in October, dragging the growth in average property prices to its lowest level since July 2013.The slump in the capital, which began after the Brexit vote in 2016, and reached a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/northern-uk-property-prices-humming-along-as-they-barely-feel-impact-of-brexit-fuelled-decline-in-london\/","url_meta":{"origin":109089,"position":2},"title":"Northern UK property prices humming along as they barely feel impact of Brexit-fuelled decline in London","date":"March 25, 2019","format":false,"excerpt":"\r The Brexit-inspired decline in London\u2019s property values has yet to cause any serious ripples in other areas of the UK.While price-growth and activity may be slowing amid the uncertainty, almost every other major urban area in the country is still experiencing a rising market, according to Acadata. It\u2019s a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43155,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-drop-for-first-time-since-brexit\/","url_meta":{"origin":109089,"position":3},"title":"UK house prices drop for first time since Brexit","date":"February 7, 2017","format":false,"excerpt":"\r British house prices suffered their first fall in monthly terms since shortly after June's Brexit vote, the mortgage lender Halifax said on Tuesday, a latest sign of a slowing in the housing market.House prices fell 0.9 per cent in January alone after a 1.6 per cent surge in December.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/here-be-dragons-as-uk-property-sector-enters-uncharted-territory-after-brexit-vote\/","url_meta":{"origin":109089,"position":4},"title":"Here Be Dragons as UK property sector enters uncharted territory after Brexit vote","date":"November 20, 2016","format":false,"excerpt":"\r Confidence in the UK housing market is now at a three-year low, according to the Halifax building society's monthly survey. This is the time of year when property experts scratch their heads and try very hard to forecast what will happen in the next 12 months.But JLL and Savills,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103519,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-price-growth-grinds-to-a-halt-as-brexit-uncertainty-bites-business-live\/","url_meta":{"origin":109089,"position":5},"title":"UK house price growth grinds to a halt as Brexit uncertainty bites &#8211; business live","date":"January 31, 2019","format":false,"excerpt":"\r Rolling coverage of the latest economic and financial news, as Nationwide reports that UK house prices are now stagnating 7.59am GMT North London estate agent Jeremy Leaf says the UK housing market is \u201cstruggling to weather the Brexit storm but not collapsing\u201d 7.48am GMT The average UK house now\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109089"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=109089"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109089\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}