{"id":135091,"date":"2023-03-07T15:26:49","date_gmt":"2023-03-07T08:26:49","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-as-mortgage-rate-cuts-lift-confidence\/"},"modified":"2023-03-07T15:43:08","modified_gmt":"2023-03-07T08:43:08","slug":"uk-house-prices-rise-as-mortgage-rate-cuts-lift-confidence","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-as-mortgage-rate-cuts-lift-confidence\/","title":{"rendered":"UK house prices rise as mortgage rate cuts lift confidence"},"content":{"rendered":"<p>&#013;<br \/>\nAverage monthly increase of 1.1% to \u00a3285,476 in February, after falls in previous two months, says HalifaxUK house prices picked up in February from the previous month as recent reductions in mortgage rates helped to stabilise the market, according to the lender Halifax.The average house price rose 1.1% to \u00a3285,476 last month compared with January, in a sign of resilience amid hopes the broader economic downturn will not be as severe as previously feared. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2023\/mar\/07\/uk-house-prices-rise-mortgage-rate-cuts-halifax\" target=\"_blank\" rel=\"noopener\">UK house prices rise as mortgage rate cuts lift confidence<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Average monthly increase of 1.1% to \u00a3285,476 in February, after falls in previous two months,&#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-135091","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-z8T","jetpack-related-posts":[{"id":142236,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-at-fastest-rate-since-january-2023\/","url_meta":{"origin":135091,"position":0},"title":"UK house prices rise at fastest rate since January 2023","date":"February 7, 2024","format":false,"excerpt":"\r Lower mortgage rates lead to increased buyer and seller confidence, says HalifaxBusiness live \u2013 latest updatesUK house prices rose 2.5% in the year to January, recording the biggest increase since January last year, as lower mortgage rates and fading inflationary pressures led to increased buyer and seller confidence, Halifax\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140918,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-for-third-month-in-row-but-are-forecast-to-drop-this-year\/","url_meta":{"origin":135091,"position":1},"title":"UK house prices rise for third month in row but are forecast to drop this year","date":"January 5, 2024","format":false,"excerpt":"\r Growth rates driven by shortage of properties on market, says Halifax, with average house worth \u00a3287,105UK homeowners face \u00a319bn rise in mortgage costsUK homeowners fear 2024 mortgage timebombBusiness live \u2013 latest updatesUK house prices rose for a third consecutive month in December amid a shortage of properties on the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86088,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-costs-hit-two-year-high-as-lenders-anticipate-rise-in-uk-base-rate\/","url_meta":{"origin":135091,"position":2},"title":"Mortgage costs hit two-year high as lenders anticipate rise in UK base rate","date":"April 22, 2018","format":false,"excerpt":"\r Average homeowner with a typical loan of \u00a3175,000 is now paying \u00a344 a month more than last autumnRates on the most popular mortgage deals have reached their highest levels in two years as lenders increase prices in advance of an expected interest rate rise next month.The average mortgage rate\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-at-fastest-rate-in-18-months-nationwide-reports\/","url_meta":{"origin":135091,"position":3},"title":"UK house prices rise at fastest rate in 18 months, Nationwide reports","date":"August 1, 2024","format":false,"excerpt":"\r Annual growth rate was 2.1% in July but building society says high mortgage rates still pose challengesUK house prices have grown at the fastest rate in 18 months but high mortgage rates mean many prospective buyers still face affordability challenges, Nationwide has said.The building society said the average house\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84150,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-for-second-month-with-london-weakest-region\/","url_meta":{"origin":135091,"position":4},"title":"UK house prices fall for second month, with London weakest region","date":"March 29, 2018","format":false,"excerpt":"\r Consumer confidence subdued amid squeeze on household finances, says NationwideUK house prices fell in March for the second month in a row, with London again the weakest region, according to Nationwide, one of Britain\u2019s biggest mortgage lenders.The average price of a home was \u00a3211,625 last month, down 0.2% from\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":135091,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/135091"}],"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=135091"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/135091\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=135091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=135091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=135091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}