{"id":145578,"date":"2024-07-01T18:15:30","date_gmt":"2024-07-01T11:15:30","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-still-unaffordable-for-many-people-says-nationwide\/"},"modified":"2024-07-01T18:30:11","modified_gmt":"2024-07-01T11:30:11","slug":"uk-house-prices-still-unaffordable-for-many-people-says-nationwide","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-still-unaffordable-for-many-people-says-nationwide\/","title":{"rendered":"UK house prices still unaffordable for many people, says Nationwide"},"content":{"rendered":"


\nHigh 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 amid the impact from higher mortgage costs, with a 0.2% month-on-month increase. Continue reading…
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\nSource : theguardian.com
\nRead more…UK house prices still unaffordable for many people, says Nationwide<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

High mortgage interest rates and soaring bills hitting affordability despite wages rising above inflationBusiness live...<\/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-145578","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-BS2","jetpack-related-posts":[{"id":130086,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-flatline-as-mortgage-rates-rise-says-nationwide\/","url_meta":{"origin":145578,"position":0},"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":131882,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soaring-rents-making-life-unaffordable-for-private-uk-tenants-research-shows\/","url_meta":{"origin":145578,"position":1},"title":"Soaring rents making life \u2018unaffordable\u2019 for private UK tenants, research shows","date":"December 2, 2022","format":false,"excerpt":"\r Exclusive: Findings come amid rising evictions, \u2018price gouging\u2019 claims and fears of homelessness emergencySoaring rents have in effect made life unaffordable for private tenants across swathes of the UK, according to research undertaken for the Guardian.The analysis shows asking rents on new listings are up by almost a third\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130597,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-expected-to-fall-as-mortgage-rates-soar\/","url_meta":{"origin":145578,"position":2},"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":96533,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unaffordable-hong-kong-home-prices-could-fall-by-double-digits\/","url_meta":{"origin":145578,"position":3},"title":"'Unaffordable' Hong Kong home prices could fall by double digits","date":"August 23, 2018","format":false,"excerpt":"\r The city's notoriously pricey residential property market is seen coming under pressure from rising interest rates and other factors.\u00a0\r \r Source : cnbc.com\r Read more...'Unaffordable' Hong Kong home prices could fall by double digits","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-unaffordable-homes-building-injustice-into-the-economy-editorial\/","url_meta":{"origin":145578,"position":4},"title":"The Guardian view on unaffordable homes: building injustice into the economy | Editorial","date":"February 22, 2022","format":false,"excerpt":"\r Landlords ought to be tackled in any solution to Britain\u2019s housing crisisThe average wage of the top 1% in Britain rose to \u00a313,770 a month in December. Jeevun Sandher, an economist at King\u2019s College London, points out the very richest saw their incomes rise the fastest during the pandemic.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/risks-of-a-uk-housing-crash-rising-by-the-day-as-fixed-rate-mortgage-deals-end\/","url_meta":{"origin":145578,"position":5},"title":"Risks of a UK housing crash rising by the day as fixed-rate mortgage deals end","date":"July 5, 2023","format":false,"excerpt":"\r The tipping point for the economy could come if fixed-rate mortgages rise above 7%All things considered, Britain\u2019s housing market has held up pretty well so far in the face of a relentless rise in borrowing costs that has seen five-year fixed rate mortgages climb above 6%. House prices, according\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\/145578"}],"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=145578"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/145578\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=145578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=145578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=145578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}