{"id":130597,"date":"2022-10-07T14:47:09","date_gmt":"2022-10-07T07:47:09","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-expected-to-fall-as-mortgage-rates-soar\/"},"modified":"2022-10-07T15:11:49","modified_gmt":"2022-10-07T08:11:49","slug":"uk-house-prices-expected-to-fall-as-mortgage-rates-soar","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-expected-to-fall-as-mortgage-rates-soar\/","title":{"rendered":"UK house prices expected to fall as mortgage rates soar"},"content":{"rendered":"<p>&#013;<br \/>\nAverage house price fell by 0.1% month on month in September to \u00a3293,835, says HalifaxExplainer: UK mortgage rates are soaring \u2013 what can you do?Rising mortgage costs and the broader cost of living crisis will push UK house prices down more sharply in the coming months, said Halifax, after prices dipped 0.1% in September.Halifax said the market had been almost flat since June but was now heading into a more significant slowdown as rapidly rising borrowing costs made buying a property unaffordable for more people. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2022\/oct\/07\/uk-house-prices-expected-to-fall-as-mortgage-rates-soar\" target=\"_blank\" rel=\"noopener\">UK house prices expected to fall as mortgage rates soar<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Average house price fell by 0.1% month on month in September to \u00a3293,835, says HalifaxExplainer:&#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-130597","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-xYp","jetpack-related-posts":[{"id":137313,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-pulls-some-uk-mortgage-deals-as-fears-of-rising-rates-hits-home-buyers-once-more\/","url_meta":{"origin":130597,"position":0},"title":"HSBC pulls some UK mortgage deals as fears of rising rates hits home buyers once more","date":"June 9, 2023","format":false,"excerpt":"\r Analysts expect mortgage rates to soar and housing prices to plummet in the U.K., as the effect of higher interest rates ripples through the British housing market.\r \r Source : cnbc.com\r Read more...HSBC pulls some UK mortgage deals as fears of rising rates hits home buyers once more","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130591,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-mortgage-costs-to-push-down-house-prices-halifax-warns-business-live\/","url_meta":{"origin":130597,"position":1},"title":"Rising mortgage costs to push down house prices, Halifax warns \u2013 business live","date":"October 7, 2022","format":false,"excerpt":"\r House prices fell 0.1% in September, and lender warns that rising interest rates, cost of living squeeze and worsening affordability will create more downward pressureGood morning, and welcome to our rolling coverage of business, the world economy and the financial markets.The UK housing market is slowing, and the crisis\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-for-third-straight-month-as-mortgage-rates-fall\/","url_meta":{"origin":130597,"position":2},"title":"UK house prices rise for third straight month as mortgage rates fall","date":"December 1, 2023","format":false,"excerpt":"\r Nationwide says average property price was \u00a3258,557 in November, \u00a35,231 down on same month last yearUK house prices rose for a third consecutive month in November as the market responded to hopes that mortgage rate costs had peaked.Nationwide, the UK\u2019s biggest building society, said prices rose 0.2% month on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144315,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-steady-in-april-as-higher-mortgage-rates-bite\/","url_meta":{"origin":130597,"position":3},"title":"UK house prices steady in April as higher mortgage rates bite","date":"May 7, 2024","format":false,"excerpt":"\r First-time buyers targeting smaller properties, with flats closing \u2018growth gap\u2019 on houses, says HalifaxBusiness live \u2013 latest updatesHouse prices in the UK were steady in April after falling in March, as higher mortgage rates prompt first-time buyers to go for smaller properties, according to the mortgage lender Halifax.The price\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171922,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-for-third-successive-month-amid-iran-war-uncertainty\/","url_meta":{"origin":130597,"position":4},"title":"UK house prices fall for third successive month amid Iran war uncertainty","date":"June 5, 2026","format":false,"excerpt":"\r Unexpected monthly drop of 0.1% in May leaves price of typical home at \u00a3298,806, says lender HalifaxBusiness live \u2013 latest updatesUK house prices fell unexpectedly in May as rising mortgage rates fuelled by the war in Iran affected affordability and homebuyer demand.The average price of a typical UK home\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160244,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-in-surprise-fall-amid-high-mortgage-costs\/","url_meta":{"origin":130597,"position":5},"title":"UK house prices in surprise fall amid high mortgage costs","date":"September 1, 2025","format":false,"excerpt":"\r Average price for a home drops by 0.1% to \u00a3271,079 in August compared with July, according to NationwideBusiness live \u2013 latest updatesUK house prices unexpectedly fell in August as high mortgage costs dampened activity.The average price for a home dropped by 0.1% to \u00a3271,079 last month compared with July,\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\/130597"}],"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=130597"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130597\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=130597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=130597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=130597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}