{"id":140707,"date":"2023-12-15T16:47:51","date_gmt":"2023-12-15T09:47:51","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-forecast-to-fall-by-up-to-4-in-2024\/"},"modified":"2023-12-15T17:09:41","modified_gmt":"2023-12-15T10:09:41","slug":"uk-house-prices-forecast-to-fall-by-up-to-4-in-2024","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-forecast-to-fall-by-up-to-4-in-2024\/","title":{"rendered":"UK house prices forecast to fall by up to 4% in 2024"},"content":{"rendered":"


\nHigh rates hit mortgage affordability and sales completions but Halifax expects part recovery in marketBusiness live \u2013 latest updatesUK house will fall by up to 4% next year as high interest rates continue to affect mortgage affordability and sales completions, according to Halifax.Britain\u2019s biggest mortgage lender said the price of an average UK property will fall by between 2% and 4% but it expects a part recovery in the market as interest and mortgage rates ease next year. Continue reading…
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\nSource : theguardian.com
\nRead more…UK house prices forecast to fall by up to 4% in 2024<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

High rates hit mortgage affordability and sales completions but Halifax expects part recovery in marketBusiness...<\/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-140707","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-ABt","jetpack-related-posts":[{"id":151538,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-completions-rose-by-50-in-march-as-uk-buyers-rushed-to-beat-stamp-duty-deadline\/","url_meta":{"origin":140707,"position":0},"title":"Mortgage completions rose by 50% in March as UK buyers rushed to beat stamp duty deadline","date":"April 21, 2025","format":false,"excerpt":"\r Barclays says March was busiest month in property market since 2021, driven by scramble to avoid higher costsThe number of mortgage completions in the UK increased by 50% during a \u201cblockbuster\u201d March as buyers raced to avoid higher stamp duty payments, according to Barclays.The lender reported its busiest month\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144311,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savills-says-uk-house-prices-will-rise-this-year-in-u-turn-on-earlier-forecast\/","url_meta":{"origin":140707,"position":1},"title":"Savills says UK house prices will rise this year in U-turn on earlier forecast","date":"May 7, 2024","format":false,"excerpt":"\r Lower mortgage rates prompt property firm to change its outlook from 3% drop to a 2.5% increaseA decline in mortgage rates has prompted a forecaster to reverse its predictions of a fall in UK house prices in 2024, instead suggesting the average cost of a property could rise by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103306,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-mortgage-demand-significantly-dented\/","url_meta":{"origin":140707,"position":2},"title":"Singapore mortgage demand significantly dented","date":"January 25, 2019","format":false,"excerpt":"\r Rising interest rates and new property cooling measures have significantly dented mortgage demand. Rising interest rates and the government\u2019s surprise property cooling measures in July have significantly dented mortgage demand at Singapore\u2019s banks, threatening to further accelerate the decline in house prices, reported Bloomberg. In the first 11 months\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172332,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-flat-in-july-says-lloyds-as-buyers-struggle-with-affordability\/","url_meta":{"origin":140707,"position":3},"title":"UK house prices flat in July, says Lloyds, as buyers struggle with affordability","date":"August 7, 2026","format":false,"excerpt":"\r Property prices in \u2018suspended animation\u2019 owing to higher mortgage rates and uncertainty in Middle EastBusiness live \u2013 latest updatesUK house prices were broadly stagnant in July as prospective buyers were squeezed by higher mortgage rates, uncertainty around the Middle East and stretched affordability, according to the lender Lloyds.The average\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130591,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-mortgage-costs-to-push-down-house-prices-halifax-warns-business-live\/","url_meta":{"origin":140707,"position":4},"title":"Rising mortgage costs to push down house prices, Halifax warns \u2013 business live","date":"October 7, 2022","format":false,"excerpt":"\r House prices fell 0.1% in September, and lender warns that rising interest rates, cost of living squeeze and worsening affordability will create more downward pressureGood morning, and welcome to our rolling coverage of business, the world economy and the financial markets.The UK housing market is slowing, and the crisis\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140877,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/number-of-uk-first-time-buyers-in-2023-was-lowest-in-a-decade\/","url_meta":{"origin":140707,"position":5},"title":"Number of UK first-time buyers in 2023 was lowest in a decade","date":"January 2, 2024","format":false,"excerpt":"\r Figure estimated to be down by a fifth, as rising interest rates and high house prices had impactWhat will happen to house prices and mortgages in 2024?Top 10 hotspots in Great Britain experts say are in demandThe number of first-time buyers who bought a home with a mortgage fell\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\/140707"}],"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=140707"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140707\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=140707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=140707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=140707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}