{"id":140863,"date":"2023-12-30T15:00:29","date_gmt":"2023-12-30T08:00:29","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-market-what-will-happen-to-house-prices-and-mortgage-rates-in-2024\/"},"modified":"2023-12-30T15:21:53","modified_gmt":"2023-12-30T08:21:53","slug":"uk-property-market-what-will-happen-to-house-prices-and-mortgage-rates-in-2024","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-market-what-will-happen-to-house-prices-and-mortgage-rates-in-2024\/","title":{"rendered":"UK property market: what will happen to house prices and mortgage rates in 2024?"},"content":{"rendered":"


\nWhether you are a first-time buyer or remortaging, we look at what the new year could bringIt has been a rollercoaster year in the mortgage world, with rates moving up and down with each new piece of economic data. The housing market has been bumpy, too. In September, prices recorded the first annual fall for a decade, according to official data, but lenders say demand has been growing in recent months. Anyone looking to buy a home soon will be wondering what 2024 has in store.This week there have been reports that the government is working on a scheme to help first-time buyers, which could have an impact on how easy it is to borrow and on property prices. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK property market: what will happen to house prices and mortgage rates in 2024?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Whether you are a first-time buyer or remortaging, we look at what the new year...<\/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-140863","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-ADZ","jetpack-related-posts":[{"id":130597,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-expected-to-fall-as-mortgage-rates-soar\/","url_meta":{"origin":140863,"position":0},"title":"UK house prices expected to fall as mortgage rates soar","date":"October 7, 2022","format":false,"excerpt":"\r Average house price fell by 0.1% month on month in September to \u00a3293,835, says HalifaxExplainer: UK mortgage rates are soaring \u2013 what can you do?Rising mortgage costs and the broader cost of living crisis will push UK house prices down more sharply in the coming months, said Halifax, after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140606,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-again-as-easing-of-mortgage-rates-tempts-more-buyers\/","url_meta":{"origin":140863,"position":1},"title":"UK house prices rise again as easing of mortgage rates tempts more buyers","date":"December 7, 2023","format":false,"excerpt":"\r Monthly increase of 0.5% in November comes as average price of property goes up to \u00a3283,615, says HalifaxBusiness live \u2013 latest updatesUK house prices rose for the second month in a row in November, according to a leading index, as a slight easing in mortgage rates helped coax more\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144315,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-steady-in-april-as-higher-mortgage-rates-bite\/","url_meta":{"origin":140863,"position":2},"title":"UK house prices steady in April as higher mortgage rates bite","date":"May 7, 2024","format":false,"excerpt":"\r First-time buyers targeting smaller properties, with flats closing \u2018growth gap\u2019 on houses, says HalifaxBusiness live \u2013 latest updatesHouse prices in the UK were steady in April after falling in March, as higher mortgage rates prompt first-time buyers to go for smaller properties, according to the mortgage lender Halifax.The price\u2026","rel":"","context":"In "Property 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News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130086,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-flatline-as-mortgage-rates-rise-says-nationwide\/","url_meta":{"origin":140863,"position":4},"title":"UK house prices flatline as mortgage rates rise, says Nationwide","date":"September 30, 2022","format":false,"excerpt":"\r Lender says slowdown will intensify in coming months as household budgets come under more pressureUK house price growth flatlined in September with a stronger slowdown expected in the coming months as a combination of soaring inflation and mortgage rates makes moving unaffordable for many.The latest snapshot from the building\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":140863,"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 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