{"id":124499,"date":"2022-02-07T17:32:51","date_gmt":"2022-02-07T10:32:51","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-reach-new-record-but-cost-of-living-crisis-threatens-growth\/"},"modified":"2022-02-07T18:04:40","modified_gmt":"2022-02-07T11:04:40","slug":"uk-house-prices-reach-new-record-but-cost-of-living-crisis-threatens-growth","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-reach-new-record-but-cost-of-living-crisis-threatens-growth\/","title":{"rendered":"UK house prices reach new record but cost of living crisis threatens growth"},"content":{"rendered":"


\nBank of England\u2019s interest rate rise and soaring household costs will hit affordability, says HalifaxUK house prices reached a record high in January according to Halifax, but the lender warned growth is likely to slow \u201cconsiderably\u201d this year as household finances come under increasing pressure.The price of the average UK home reached a record high of \u00a3276,759 in January, up \u00a324,500 over the year, and \u00a337,500 higher than two years ago. However, house price growth slowed to just 0.3% in January, the smallest monthly increase since June last year, in a sign that the pandemic-fuelled boom could be fading. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK house prices reach new record but cost of living crisis threatens growth<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bank of England\u2019s interest rate rise and soaring household costs will hit affordability, says HalifaxUK...<\/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-124499","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-wo3","jetpack-related-posts":[{"id":79210,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-again-as-household-income-squeezed\/","url_meta":{"origin":124499,"position":0},"title":"UK house prices fall again as household income squeezed","date":"February 7, 2018","format":false,"excerpt":"\r Average price of a home in Britain drops 0.6% in January to \u00a3223,285, says HalifaxUK house prices fell for a second consecutive month in January as consumers struggling with shrinking disposable income put major spending decisions on hold.The average price of a home in Britain fell 0.6% last month\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127470,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-price-growth-slows-as-household-incomes-are-squeezed-business-live\/","url_meta":{"origin":124499,"position":1},"title":"UK house price growth slows, as household incomes are squeezed \u2013 business live","date":"June 30, 2022","format":false,"excerpt":"\r Rolling coverage of the latest economic and financial newsIntroduction: House price inflation slowed to 0.3% in JuneNationwide: Tentative signs of a slowdownCrypto crisis: how digital currencies went from boom to collapseUK will face worse inflation than other major economies, says Bank governorTesco faces shortage of Heinz products after row\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126235,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-price-growth-slows-as-cost-of-living-crisis-starts-to-hit-market\/","url_meta":{"origin":124499,"position":2},"title":"UK house price growth slows as cost of living crisis starts to hit market","date":"April 29, 2022","format":false,"excerpt":"\r Average price of property in April rises to \u00a3267,620, the ninth straight month of growth, says NationwideHouse prices continued to climb in April but the rate of growth is slowing as soaring inflation and the cost of living crisis starts to affect the market, figures show.The average amount paid\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124497,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-hit-record-high-but-cost-of-living-squeeze-will-slow-growth-considerably-business-live\/","url_meta":{"origin":124499,"position":3},"title":"UK house prices hit record high, but cost of living squeeze will slow growth \u2018considerably\u2019 \u2013 business live","date":"February 7, 2022","format":false,"excerpt":"\r Rolling coverage of the latest economic and financial newsHalifax: House prices hit record of \u00a3276,759 in JanuaryYounger generations face significant barriers to home ownershipExperts: House price juggernaut slowingSurging inflation will slow recovery in 2022, predicts EYTesco chairman warns of food price inflation at 5% by springUnions have urged the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56602,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-for-third-month-in-a-row-for-first-time-in-eight-years\/","url_meta":{"origin":124499,"position":4},"title":"UK house prices fall for third month in a row for first time in eight years","date":"June 1, 2017","format":false,"excerpt":"\r Nationwide says average cost of home fell 0.2% last month with house price growth slowing further in 2017 as inflation squeezes household incomeHouse prices in Britain have fallen for the third month in a row, for the first time since the height of the financial crisis in 2009.The fall\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81592,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-as-incomes-squeeze-in-slowing-economy\/","url_meta":{"origin":124499,"position":5},"title":"UK house prices fall as incomes squeeze in slowing economy","date":"March 1, 2018","format":false,"excerpt":"\r Unexpected dip in property market marks weakest growth in six months, says NationwideUK house prices fell unexpectedly in February for the first time in six months, as the squeeze on household incomes and weaker economic backdrop weighed on the property market, according to the mortgage lender Nationwide.The average price\u2026","rel":"","context":"In "Property 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