{"id":138099,"date":"2023-06-28T06:01:49","date_gmt":"2023-06-27T23:01:49","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-mortgage-rates-forcing-sellers-to-accept-lower-offers-on-homes-zoopla\/"},"modified":"2023-06-28T06:09:40","modified_gmt":"2023-06-27T23:09:40","slug":"high-mortgage-rates-forcing-sellers-to-accept-lower-offers-on-homes-zoopla","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-mortgage-rates-forcing-sellers-to-accept-lower-offers-on-homes-zoopla\/","title":{"rendered":"High mortgage rates forcing sellers to accept lower offers on homes \u2013 Zoopla"},"content":{"rendered":"


\nResearch shows 42% agreeing to discounts of 5% or more on asking price \u2013 the highest level for five yearsSoaring mortgage rates and the cost of living crisis are forcing more sellers to accept lower offers to secure a property sale, according to Zoopla.The property website latest house price index showed that 42% of sellers were accepting discounts of 5% or more on the asking price of their home in the week ending 18 June \u2013 the highest level since 2018 \u2013 as buyers are driving a harder bargain. Continue reading…
\n
\nSource : theguardian.com
\nRead more…High mortgage rates forcing sellers to accept lower offers on homes \u2013 Zoopla<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Research shows 42% agreeing to discounts of 5% or more on asking price \u2013 the...<\/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-138099","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-zVp","jetpack-related-posts":[{"id":131823,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-forced-to-settle-for-below-asking-price-zoopla-says\/","url_meta":{"origin":138099,"position":0},"title":"UK homeowners forced to settle for below asking price, Zoopla says","date":"November 28, 2022","format":false,"excerpt":"\r Property website data shows housing market is slowing, with 44% less demand for homes and sellers accepting 3% below asking pricePeople selling their homes have typically had to settle for below the asking price in recent weeks, according to Zoopla, which is predicting house prices will fall by about\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137166,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/agreed-house-sales-in-uk-at-highest-point-this-year-says-zoopla\/","url_meta":{"origin":138099,"position":1},"title":"Agreed house sales in UK at highest point this year, says Zoopla","date":"May 30, 2023","format":false,"excerpt":"\r But property website warns that rebound in activity could be hit by rising mortgage ratesMore prospective house sellers are returning to the UK\u2019s property market, pushing agreed home sales to their highest point of the year in May, according to Zoopla, although it warned that the rebound in activity\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134986,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-home-sellers-having-to-cut-average-of-14000-from-asking-price\/","url_meta":{"origin":138099,"position":2},"title":"UK home sellers having to cut average of \u00a314,000 from asking price","date":"February 28, 2023","format":false,"excerpt":"\r Values lowered for more than 40% of properties on Zoopla to attract \u2018price-sensitive\u2019 buyersUK home sellers are having to shave an average of \u00a314,000 off the original asking price as the market continues to cool, data shows.The property website Zoopla also said that in the face of weaker demand,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sellers-accept-big-discounts-on-top-end-london-property\/","url_meta":{"origin":138099,"position":3},"title":"Sellers accept big discounts on top-end London property","date":"February 7, 2018","format":false,"excerpt":"\r Decade-high reductions as homes exchange with more than 10% off asking price\r \r Source : ft.com\r Read more...Sellers accept big discounts on top-end London property","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74772,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/desperate-uk-homeowners-are-cutting-prices-warns-zoopla\/","url_meta":{"origin":138099,"position":4},"title":"Desperate UK homeowners are cutting prices, warns Zoopla","date":"December 18, 2017","format":false,"excerpt":"\r Property website says 35% of homes up for sale have cut sale price, with Brexit vote to blame for the biggest discounts in LondonPrice cutting by homeowners desperate to shift their property in a slowing market has reached the highest levels in six years, according to an analysis by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":158335,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-mortgage-affordability-rules-help-uk-housing-market-avoid-summer-lull\/","url_meta":{"origin":138099,"position":5},"title":"New mortgage affordability rules help UK housing market avoid summer lull","date":"July 29, 2025","format":false,"excerpt":"\r Record number of homes for sale has created \u2018buyer\u2019s market\u2019 and kept price rises in check, Zoopla report saysThe typical summer lull in Britain\u2019s housing market has been avoided amid the availability of bigger home loans fuelling a \u201cbuyer\u2019s market\u201d, according to a property website.Despite the signs of a\u2026","rel":"","context":"In "Property 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