{"id":140847,"date":"2023-12-29T15:09:01","date_gmt":"2023-12-29T08:09:01","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-by-1-8-during-year-amid-higher-mortgage-costs\/"},"modified":"2023-12-29T15:31:57","modified_gmt":"2023-12-29T08:31:57","slug":"uk-house-prices-fall-by-1-8-during-year-amid-higher-mortgage-costs","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-by-1-8-during-year-amid-higher-mortgage-costs\/","title":{"rendered":"UK house prices fall by 1.8% during year amid higher mortgage costs"},"content":{"rendered":"


\nProperty market weak, says Nationwide, which expects prices to remain flat or drop slightly in 2024Business live \u2013 latest updates UK house prices fell by 1.8% during 2023, according to the closely watched Nationwide house price index, with activity in the property market described as weak throughout the year.Nationwide put the fall down to higher mortgage borrowing costs, which have remained more than three times higher than the record lows of 2021 despite recent easing. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK house prices fall by 1.8% during year amid higher mortgage costs<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Property market weak, says Nationwide, which expects prices to remain flat or drop slightly in...<\/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-140847","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-ADJ","jetpack-related-posts":[{"id":145578,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-still-unaffordable-for-many-people-says-nationwide\/","url_meta":{"origin":140847,"position":0},"title":"UK house prices still unaffordable for many people, says Nationwide","date":"July 1, 2024","format":false,"excerpt":"\r High mortgage interest rates and soaring bills hitting affordability despite wages rising above inflationBusiness live \u2013 latest updatesHouse prices in the UK remain unaffordable for many households despite wages rising above inflation for the typical earner, Nationwide has said.Britain\u2019s largest building society said house prices rose slightly in June\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160244,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-in-surprise-fall-amid-high-mortgage-costs\/","url_meta":{"origin":140847,"position":1},"title":"UK house prices in surprise fall amid high mortgage costs","date":"September 1, 2025","format":false,"excerpt":"\r Average price for a home drops by 0.1% to \u00a3271,079 in August compared with July, according to NationwideBusiness live \u2013 latest updatesUK house prices unexpectedly fell in August as high mortgage costs dampened activity.The average price for a home dropped by 0.1% to \u00a3271,079 last month compared with July,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171318,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-in-march-amid-uncertain-impact-of-middle-east-conflict\/","url_meta":{"origin":140847,"position":2},"title":"UK house prices fall in March amid uncertain impact of Middle East conflict","date":"April 8, 2026","format":false,"excerpt":"\r Average price dips back below \u00a3300,000 after higher energy costs have knock-on effect on mortgage ratesUK house prices fell in March, as the housing market lost momentum amid uncertainty over the conflict in the Middle East and the impact on the economy and interest rates.Figures from Halifax, which is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84838,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-post-biggest-monthly-increase-for-six-months\/","url_meta":{"origin":140847,"position":3},"title":"UK house prices post biggest monthly increase for six months","date":"April 9, 2018","format":false,"excerpt":"\r Halifax house price figures show 1.5% rise in March, but it warns that changes could be volatileHouse prices strengthened in March to post their biggest monthly gain since August, according to Halifax, the UK\u2019s biggest mortgage lender.The average price of a UK home rose 1.5% in March to hit\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":140847,"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":130046,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-may-fall-20-amid-mortgage-carnage-warn-experts\/","url_meta":{"origin":140847,"position":5},"title":"UK house prices may fall 20% amid mortgage \u2018carnage\u2019, warn experts","date":"September 29, 2022","format":false,"excerpt":"\r Lack of supply will prevent crash, say some, while others predict \u2018simple maths\u2019 mean property price bubble poised to burstAll the day\u2019s political developments \u2013 liveTurmoil on the UK\u2019s financial markets has prompted analysts to predict that house prices could fall by as much as 20% amid \u201ccarnage\u201d in\u2026","rel":"","context":"In "Property 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