{"id":144451,"date":"2024-05-20T06:01:48","date_gmt":"2024-05-19T23:01:48","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-british-house-price-hits-record-high-of-375000\/"},"modified":"2024-05-20T06:18:45","modified_gmt":"2024-05-19T23:18:45","slug":"average-british-house-price-hits-record-high-of-375000","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-british-house-price-hits-record-high-of-375000\/","title":{"rendered":"Average British house price hits record high of \u00a3375,000"},"content":{"rendered":"


\nPent-up demand from would-be buyers pausing their plans last year has led to price rise despite mortgage rates remaining elevatedThe average British house price reached a record high of \u00a3375,131 in May, according to Rightmove. The average prices of properties coming to market rose 0.8%, or \u00a32,807, month on month.Pent-up demand from would-be buyers who paused their plans last year is a key driver behind increased home mover activity despite mortgage rates remaining elevated for longer than anticipated, the property website\u2019s report said. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Average British house price hits record high of \u00a3375,000<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Pent-up demand from would-be buyers pausing their plans last year has led to price rise...<\/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-144451","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-BzR","jetpack-related-posts":[{"id":83699,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tseung-kwan-o-flat-sale-shows-sector-still-going-strong-even-as-mortgage-rates-are-on-the-rise\/","url_meta":{"origin":144451,"position":0},"title":"Tseung Kwan O flat sale shows sector still going strong, even as mortgage rates are on the rise","date":"March 25, 2018","format":false,"excerpt":"\r Buyers snapped up flats released at a development in Tseung Kwan O on Saturday, showing that \u00adproperty demand has yet to dampen despite the monetary \u00adauthority raising interest rates by 25 basis points last week. Wheelock & Co said it would release another 180 units at the Malibu development\u2026","rel":"","context":"In "Property News"","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":144451,"position":1},"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 "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":144451,"position":2},"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":130772,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-in-october-despite-economic-turmoil\/","url_meta":{"origin":144451,"position":3},"title":"UK house prices rise in October despite economic turmoil","date":"October 17, 2022","format":false,"excerpt":"\r Average price of a property coming to market up 0.9%, says Rightmove, but first-time buyer demand has droppedAsking prices for houses in the UK edged higher in October, although demand from first-time buyers has dropped as mortgage rates surge.Despite the economic turmoil since the government\u2019s mini-budget last month, there\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137313,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-pulls-some-uk-mortgage-deals-as-fears-of-rising-rates-hits-home-buyers-once-more\/","url_meta":{"origin":144451,"position":4},"title":"HSBC pulls some UK mortgage deals as fears of rising rates hits home buyers once more","date":"June 9, 2023","format":false,"excerpt":"\r Analysts expect mortgage rates to soar and housing prices to plummet in the U.K., as the effect of higher interest rates ripples through the British housing market.\r \r Source : cnbc.com\r Read more...HSBC pulls some UK mortgage deals as fears of rising rates hits home buyers once more","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148411,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-house-price-hits-record-300000-as-demand-remains-undented\/","url_meta":{"origin":144451,"position":5},"title":"Average UK house price hits record \u00a3300,000 as demand remains undented","date":"December 7, 2024","format":false,"excerpt":"\r Cost of housing at all-time high, Halifax reports, as mortgage lengths and borrowing multiples growAnother month, another record for house prices. On Friday, the UK\u2019s largest lender, Halifax, reported that the average cost of a home had risen to just under \u00a3300,000 after a 1.3% jump in November.After a\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\/144451"}],"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=144451"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/144451\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=144451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=144451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=144451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}