{"id":131303,"date":"2022-11-01T14:52:39","date_gmt":"2022-11-01T07:52:39","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-for-first-time-in-15-months-after-liz-truss-mini-budget\/"},"modified":"2022-11-01T15:20:29","modified_gmt":"2022-11-01T08:20:29","slug":"uk-house-prices-fall-for-first-time-in-15-months-after-liz-truss-mini-budget","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-for-first-time-in-15-months-after-liz-truss-mini-budget\/","title":{"rendered":"UK house prices fall for first time in 15 months after Liz Truss mini-budget"},"content":{"rendered":"


\nAverage price of a property drops to \u00a3268,282 in October as interest rate rises hit affordabilityUK house prices fell for the first time in more than a year in October, as the Liz Truss government\u2019s mini-budget wreaked havoc on the housing market, pushing mortgage rates sharply higher.The average price of a property fell by 0.9% to \u00a3268,282 last month compared with September, according to Nationwide building society\u2019s latest monthly report, the first snapshot of a tumultuous period. This was the first fall since July 2021 and the largest since June 2020. The annual growth rate slowed sharply from 9.5% to 7.2%. Continue reading…
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\nSource : theguardian.com
\nRead more…UK house prices fall for first time in 15 months after Liz Truss mini-budget<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Average price of a property drops to \u00a3268,282 in October as interest rate rises hit...<\/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-131303","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-y9N","jetpack-related-posts":[{"id":146937,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-hit-two-year-high-as-market-recovers-from-truss-mini-budget\/","url_meta":{"origin":131303,"position":0},"title":"UK house prices hit two-year high as market recovers from Truss 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market is at its strongest since the aftermath of Liz Truss\u2019s infamous mini-budget that sent borrowing costs soaring, according to the latest figures.Nationwide said house\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-pace-since-2020-amid-fallout-from-mini-budget\/","url_meta":{"origin":131303,"position":2},"title":"UK house prices fall at fastest pace since 2020 amid fallout from mini-budget","date":"December 1, 2022","format":false,"excerpt":"\r Nationwide warns inflation and rising interest rates will weigh down housing marketUK house prices fell at the fastest pace in two and a half years in November as the fallout from Liz Truss\u2019 disastrous mini-budget put buyers off according to Nationwide, which warned inflation and rising interest rates would\u2026","rel":"","context":"In "Property 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