{"id":131872,"date":"2022-12-01T15:44:15","date_gmt":"2022-12-01T08:44:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-pace-since-2020-amid-fallout-from-mini-budget\/"},"modified":"2022-12-01T15:58:37","modified_gmt":"2022-12-01T08:58:37","slug":"uk-house-prices-fall-at-fastest-pace-since-2020-amid-fallout-from-mini-budget","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-pace-since-2020-amid-fallout-from-mini-budget\/","title":{"rendered":"UK house prices fall at fastest pace since 2020 amid fallout from mini-budget"},"content":{"rendered":"<p>&#013;<br \/>\nNationwide 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 weigh on the market in the coming months.The price of an average home dropped 1.4% to \u00a3263,788 in November, according to the lender\u2019s house price index, accelerating a slowdown that saw prices fall 0.9% in October. It was the third monthly fall in a row, and the biggest drop since June 2020. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2022\/dec\/01\/uk-house-prices-fall-at-fastest-pace-since-2020-amid-fallout-from-mini-budget\" target=\"_blank\" rel=\"noopener\">UK house prices fall at fastest pace since 2020 amid fallout from mini-budget<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Nationwide warns inflation and rising interest rates will weigh down housing marketUK house prices fell&#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-131872","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-yiY","jetpack-related-posts":[{"id":131868,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-post-biggest-fall-since-2020-after-mini-budget-chaos-business-live\/","url_meta":{"origin":131872,"position":0},"title":"UK house prices post biggest fall since 2020 after mini-budget chaos \u2013 business live","date":"December 1, 2022","format":false,"excerpt":"\r Average UK house prices fell 1.4% in November, as \u201cthe fallout from the mini-budget continued to impact the market,\u201d says NationwidePotential buyers are now haggling house price down, reports north London estate agent Jeremy Leaf. \u2018Prices are softening but could have fallen further were it not for those two\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147236,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-hit-highest-annual-growth-since-2022\/","url_meta":{"origin":131872,"position":1},"title":"UK house prices hit highest annual growth since 2022","date":"September 30, 2024","format":false,"excerpt":"\r Nationwide says yearly rise in house prices increased by 3.2% in September putting the average home at \u00a3266,094Business live \u2013 latest updatesUK house prices are growing at their fastest annual rate for nearly two years as borrowing costs continue to fall on expectations that the Bank of England will\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-grow-at-fastest-rate-for-17-years\/","url_meta":{"origin":131872,"position":2},"title":"UK house prices grow at fastest rate for 17 years","date":"March 31, 2022","format":false,"excerpt":"\r Prices boom across all of UK with average price up by \u00a333,000UK house prices grew at the fastest annual pace since 2004 in March, continuing the ascent to new record levels \u2013 a fifth higher than at the start of the coronavirus pandemic.Prices rose by 14.3% in the year\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123669,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-at-fastest-pace-in-15-years\/","url_meta":{"origin":131872,"position":3},"title":"UK house prices rise at fastest pace in 15 years","date":"December 7, 2021","format":false,"excerpt":"\r Average property price rises \u00a320,000 in a year, with biggest increases in Wales and Northern IrelandUK house prices grew at the fastest pace in 15 years over the past three months, with the average home valued at \u00a320,000 more than this time last year, according to Halifax.Prices rose by\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124022,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-at-the-fastest-pace-since-2006\/","url_meta":{"origin":131872,"position":4},"title":"UK house prices rise at the fastest pace since 2006","date":"December 30, 2021","format":false,"excerpt":"\r Price of a typical home increased 10.4% in 2021 to \u00a3255,000, according to Nationwide data\r \r Source : ft.com\r Read more...UK house prices rise at the fastest pace since 2006","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130086,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-flatline-as-mortgage-rates-rise-says-nationwide\/","url_meta":{"origin":131872,"position":5},"title":"UK house prices flatline as mortgage rates rise, says Nationwide","date":"September 30, 2022","format":false,"excerpt":"\r Lender says slowdown will intensify in coming months as household budgets come under more pressureUK house price growth flatlined in September with a stronger slowdown expected in the coming months as a combination of soaring inflation and mortgage rates makes moving unaffordable for many.The latest snapshot from the building\u2026","rel":"","context":"In &quot;Property 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