{"id":138582,"date":"2023-08-01T14:27:21","date_gmt":"2023-08-01T07:27:21","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-rate-since-2009-after-interest-rate-rises\/"},"modified":"2023-08-01T14:38:12","modified_gmt":"2023-08-01T07:38:12","slug":"uk-house-prices-fall-at-fastest-rate-since-2009-after-interest-rate-rises","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-rate-since-2009-after-interest-rate-rises\/","title":{"rendered":"UK house prices fall at fastest rate since 2009 after interest rate rises"},"content":{"rendered":"


\nNationwide says cost of a typical home is \u00a3260,828 after 3.8% year-on-year drop in JulyBusiness live \u2013 latest updatesUK mortgage approvals rise despite surge in interest ratesAnalysis \u2013 mortgage rates show sign of easingUK house prices fell last month at the fastest annual rate in 14 years, as higher interest rates hamper people\u2019s ability to buy a property with a mortgage.Nationwide building society reported that prices fell 3.8% year on year, the sharpest drop since July 2009 when the global economy was in the grips of financial crisis. It compared with a fall in annual prices of 3.5% in June. Continue reading…
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\nSource : theguardian.com
\nRead more…UK house prices fall at fastest rate since 2009 after interest rate rises<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Nationwide says cost of a typical home is \u00a3260,828 after 3.8% year-on-year drop in JulyBusiness...<\/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-138582","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-A3c","jetpack-related-posts":[{"id":138238,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-annual-rate-since-2011-says-halifax\/","url_meta":{"origin":138582,"position":0},"title":"UK house prices fall at fastest annual rate since 2011, says Halifax","date":"July 7, 2023","format":false,"excerpt":"\r Average price of property drops by 2.6% year on year in June as mortgage rates climbBusiness live \u2013 latest updatesUK house prices experienced their biggest annual fall in 12 years, according to Halifax, the latest sign that soaring interest rates on mortgages is bringing a halt to the housing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":158867,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/july-yields-fastest-rate-of-uk-house-price-rises-this-year-says-lender\/","url_meta":{"origin":138582,"position":1},"title":"July yields fastest rate of UK house price rises this year, says lender","date":"August 7, 2025","format":false,"excerpt":"\r Cheaper mortgage rates and rising wages helped to push monthly growth to 0.4%, according to HalifaxUK house prices rose at the fastest monthly rate this year in July as mortgage rates eased and banks offered bigger home loans, according to the lender Halifax.The average property price grew by 0.4%\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-rate-since-2009-says-nationwide\/","url_meta":{"origin":138582,"position":2},"title":"UK house prices fall at fastest rate since 2009, says Nationwide","date":"September 1, 2023","format":false,"excerpt":"\r August 5.3% drop comes as sales completions down by about 40% in first half of year compared with 2021Business live \u2013 latest updatesUK house prices fell 5.3% in August compared with the same month last year, the fastest annual drop in 14 years, according to Nationwide Building Society.The lender\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-rate-since-2009-rail-strikes-begin-across-england-business-live\/","url_meta":{"origin":138582,"position":3},"title":"UK house prices fall at fastest rate since 2009; rail strikes begin across England \u2013 business live","date":"September 1, 2023","format":false,"excerpt":"\r Live, rolling coverage of business, economics and financial markets as home prices drop by 5.3% from peak last yearGood morning, and welcome to our live coverage of business, economics, and financial markets.UK house prices fell by 5.3% from their peak in August 2022 to this year, the fastest decline\u2026","rel":"","context":"In "Property News"","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":138582,"position":4},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139771,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-market-fuels-fastest-fall-in-uk-house-prices-in-14-years\/","url_meta":{"origin":138582,"position":5},"title":"Buyer\u2019s market fuels fastest fall in UK house prices in 14 years","date":"October 6, 2023","format":false,"excerpt":"\r High mortgage costs result in sixth straight month of sellers being forced to reduce prices, says HalifaxBusiness live \u2013 latest updatesUK house prices fell at the fastest annual rate in 14 years in September, as high mortgage costs fuelled a sixth consecutive drop in a \u201cbuyer\u2019s market\u201d, according to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138582"}],"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=138582"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138582\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}