{"id":143343,"date":"2024-04-05T14:38:30","date_gmt":"2024-04-05T07:38:30","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-for-first-time-in-six-months-amid-more-costly-mortgages\/"},"modified":"2024-04-05T14:59:36","modified_gmt":"2024-04-05T07:59:36","slug":"uk-house-prices-fall-for-first-time-in-six-months-amid-more-costly-mortgages","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-for-first-time-in-six-months-amid-more-costly-mortgages\/","title":{"rendered":"UK house prices fall for first time in six months amid more costly mortgages"},"content":{"rendered":"<p>&#013;<br \/>\nDrop in March leaves average price of home at \u00a3288,430, says HalifaxBusiness live \u2013 latest updatesUK house prices fell in March for the first time in six months as more costly mortgage deals and continued uncertainty about when the Bank of England would start cutting interest rates hit the property market.House prices fell by 1%, or \u00a32,908, in March compared with February, according to Halifax\u2019s house price index. The average property now costs \u00a3288,430. Compared with the same month last year, property prices were up 0.3%. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2024\/apr\/05\/uk-house-prices-fall-for-first-time-in-six-months-amid-more-costly-mortgages\" target=\"_blank\" rel=\"noopener\">UK house prices fall for first time in six months amid more costly mortgages<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Drop in March leaves average price of home at \u00a3288,430, says HalifaxBusiness live \u2013 latest&#46;&#46;&#46;<\/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-143343","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-BhZ","jetpack-related-posts":[{"id":160244,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-in-surprise-fall-amid-high-mortgage-costs\/","url_meta":{"origin":143343,"position":0},"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 &quot;Property News&quot;","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":143343,"position":1},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171884,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-for-first-time-this-year-amid-rising-interest-rates\/","url_meta":{"origin":143343,"position":2},"title":"UK house prices fall for first time this year amid rising interest rates","date":"June 1, 2026","format":false,"excerpt":"\r Nationwide finds typical price was \u00a3278,024 in May, as Savills says Iran war has \u2018fundamentally changed\u2019 outlookBusiness live \u2013 latest updatesHouse prices fell in the UK for the first time this year in May, as rising interest rates triggered by the war in Iran hurt homebuyer demand.The price of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140198,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-for-first-time-since-march-amid-supply-shortages\/","url_meta":{"origin":143343,"position":3},"title":"UK house prices rise for first time since March amid supply shortages","date":"November 7, 2023","format":false,"excerpt":"\r Market likely to fall in short term amid high interest rates and living cost pressures, says HalifaxBusiness live \u2013 latest updatesUK house prices rose last month after a run of six monthly falls as sellers adopted a cautious attitude, leading to a shortage of homes on the market.The average\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fell-sharply-in-september-amid-brexit-wariness\/","url_meta":{"origin":143343,"position":4},"title":"UK house prices fell sharply in September amid Brexit wariness","date":"October 5, 2018","format":false,"excerpt":"\r Drop is fastest in six months as number of homes for sale in 2018 dips to a decade lowUK house prices unexpectedly dropped at the fastest pace for almost six months in September, according to Halifax, as the number of homes for sale in 2018 fell to a decade\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":157065,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-prices-flat-in-june-amid-signs-uk-job-market-may-be-softening\/","url_meta":{"origin":143343,"position":5},"title":"Property prices flat in June amid signs UK job market may be \u2018softening\u2019","date":"July 7, 2025","format":false,"excerpt":"\r Expected interest rate cuts could support growth after drop in first-time buyers since end of stamp duty cutThe housing market was flat in June as signs emerge that the UK jobs market may be \u201csoftening\u201d, one of Britain\u2019s biggest mortgage lenders has said.The average price for a house in\u2026","rel":"","context":"In &quot;Property 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