{"id":144315,"date":"2024-05-07T15:53:05","date_gmt":"2024-05-07T08:53:05","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-steady-in-april-as-higher-mortgage-rates-bite\/"},"modified":"2024-05-07T16:09:19","modified_gmt":"2024-05-07T09:09:19","slug":"uk-house-prices-steady-in-april-as-higher-mortgage-rates-bite","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-steady-in-april-as-higher-mortgage-rates-bite\/","title":{"rendered":"UK house prices steady in April as higher mortgage rates bite"},"content":{"rendered":"<p>&#013;<br \/>\nFirst-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 of a typical home rose by less than \u00a3200 last month to \u00a3288,949, a 0.1% monthly gain, compared with a 0.9% drop in March, which was the first decline in six months. On an annual basis, prices rose 1.1% in April, up from March\u2019s rate of 0.4%, largely because there was weaker price growth this time last year, Halifax said. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/article\/2024\/may\/07\/uk-house-prices-april-mortgage-rates-flats-houses-halifax\" target=\"_blank\" rel=\"noopener\">UK house prices steady in April as higher mortgage rates bite<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; First-time buyers targeting smaller properties, with flats closing \u2018growth gap\u2019 on houses, says HalifaxBusiness live&#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-144315","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-BxF","jetpack-related-posts":[{"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":144315,"position":0},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131868,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-post-biggest-fall-since-2020-after-mini-budget-chaos-business-live\/","url_meta":{"origin":144315,"position":1},"title":"UK house prices post biggest fall since 2020 after mini-budget chaos \u2013 business live","date":"December 1, 2022","format":false,"excerpt":"\r Average UK house prices fell 1.4% in November, as \u201cthe fallout from the mini-budget continued to impact the market,\u201d says NationwidePotential buyers are now haggling house price down, reports north London estate agent Jeremy Leaf. \u2018Prices are softening but could have fallen further were it not for those two\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136057,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/asking-price-of-properties-popular-with-uk-first-time-buyers-hits-record\/","url_meta":{"origin":144315,"position":2},"title":"Asking price of properties popular with UK first-time buyers hits record","date":"April 24, 2023","format":false,"excerpt":"\r Average of \u00a3224,963 for homes with one or two bedrooms is 2% higher than a year ago, says RightmoveThose people hoping to get on to the UK housing ladder are facing record asking prices, as calm returns to the sector after last autumn\u2019s mini-budget spooked the markets.Rightmove, the property\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65712,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rising-amid-shortage-of-properties-says-halifax\/","url_meta":{"origin":144315,"position":3},"title":"UK house prices rising amid shortage of properties, says Halifax","date":"September 7, 2017","format":false,"excerpt":"\r Mortgage lender says employment growth may also have boosted prices, although consumers are facing squeezeUK house price growth picked up last month, underpinned by strong employment growth and a shortage of properties on the market, according to Britain\u2019s biggest mortgage lender.The average price of a house rose by 1.1%\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131450,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-stall-as-mortgage-rate-rise-fuels-caution\/","url_meta":{"origin":144315,"position":4},"title":"UK house prices stall as mortgage rate rise fuels caution","date":"November 10, 2022","format":false,"excerpt":"\r The drop follows two years of growth, although property professionals recorded some regional variationHouse prices stalled last month after more than two years of growth as a sharp rise in mortgage rates fuelled caution among buyers, according to Britain\u2019s official surveyors body.The Royal Institution of Chartered Surveyors (Rics) also\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-buyers-in-uk-drop-by-a-fifth-as-higher-mortgage-costs-bite\/","url_meta":{"origin":144315,"position":5},"title":"First-time buyers in UK drop by a fifth as higher mortgage costs bite","date":"September 27, 2023","format":false,"excerpt":"\r Lender says homes needing renovation are most in demand as people seek cheaper propertiesThe number of first-time buyers in the UK has fallen by more than a fifth, while homes in need of renovation are most in demand as buyers look for cheaper properties, in the latest evidence that\u2026","rel":"","context":"In &quot;Property 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