{"id":146873,"date":"2024-08-30T21:14:05","date_gmt":"2024-08-30T14:14:05","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-market-at-its-strongest-since-truss-mini-budget-aftermath\/"},"modified":"2024-09-03T15:28:52","modified_gmt":"2024-09-03T08:28:52","slug":"housing-market-at-its-strongest-since-truss-mini-budget-aftermath","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-market-at-its-strongest-since-truss-mini-budget-aftermath\/","title":{"rendered":"Housing market at its strongest since Truss mini-budget aftermath"},"content":{"rendered":"<p>&#013;<br \/>\nHouse prices grew at annual rate of 2.4% in August, the fastest since December 2022, Nationwide figures showBusiness live \u2013 latest updatesThe UK housing market is at its strongest since the aftermath of Liz Truss\u2019s infamous mini-budget that sent borrowing costs soaring, according to the latest figures.Nationwide said house prices grew at an annual rate of 2.4% in August, up from 2.1% in July and the fastest rate since December 2022. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/article\/2024\/aug\/30\/uk-house-prices-fall-for-first-time-since-april-says-nationwide\" target=\"_blank\" rel=\"noopener\">Housing market at its strongest since Truss mini-budget aftermath<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; House prices grew at annual rate of 2.4% in August, the fastest since December 2022,&#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-146873","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-CcV","jetpack-related-posts":[{"id":131303,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-for-first-time-in-15-months-after-liz-truss-mini-budget\/","url_meta":{"origin":146873,"position":0},"title":"UK house prices fall for first time in 15 months after Liz Truss mini-budget","date":"November 1, 2022","format":false,"excerpt":"\r Average price of a property drops to \u00a3268,282 in October as interest rate rises hit affordabilityUK house prices fell for the first time in more than a year in October, as the Liz Truss government\u2019s mini-budget wreaked havoc on the housing market, pushing mortgage rates sharply higher.The average price\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146937,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-hit-two-year-high-as-market-recovers-from-truss-mini-budget\/","url_meta":{"origin":146873,"position":1},"title":"UK house prices hit two-year high as market recovers from Truss mini-budget","date":"September 6, 2024","format":false,"excerpt":"\r Average cost of property rose 0.3% to \u00a3292,505 in August, says Halifax, after \u2018largely positive summer\u2019Business live \u2013 latest updatesUK house prices hit a two-year high last month, in the latest sign that the property market has recovered from the aftermath of Liz Truss\u2019s infamous mini-budget that sent borrowing\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-pace-since-2020-amid-fallout-from-mini-budget\/","url_meta":{"origin":146873,"position":2},"title":"UK house prices fall at fastest pace since 2020 amid fallout from mini-budget","date":"December 1, 2022","format":false,"excerpt":"\r Nationwide warns inflation and rising interest rates will weigh down housing marketUK house prices fell at the fastest pace in two and a half years in November as the fallout from Liz Truss\u2019 disastrous mini-budget put buyers off according to Nationwide, which warned inflation and rising interest rates would\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129871,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-stamp-duty-cut-will-benefit-wealthier-and-raise-inflation-say-experts\/","url_meta":{"origin":146873,"position":3},"title":"UK stamp duty cut will benefit wealthier and raise inflation, say experts","date":"September 21, 2022","format":false,"excerpt":"\r Government warned measure would create housing bubble that does little to benefit first-time buyersCuts to stamp duty will hurt first-time buyers and stoke an inflationary bubble in the property market as house prices rise at the fastest rate for almost 20 years, the government has been warned.In the latest\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-grow-at-fastest-rate-for-17-years\/","url_meta":{"origin":146873,"position":4},"title":"UK house prices grow at fastest rate for 17 years","date":"March 31, 2022","format":false,"excerpt":"\r Prices boom across all of UK with average price up by \u00a333,000UK house prices grew at the fastest annual pace since 2004 in March, continuing the ascent to new record levels \u2013 a fifth higher than at the start of the coronavirus pandemic.Prices rose by 14.3% in the year\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139279,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-lost-about-100000-one-year-on-britons-count-cost-of-the-mini-budget\/","url_meta":{"origin":146873,"position":5},"title":"\u2018We lost about \u00a3100,000\u2019: one year on, Britons count cost of the mini-budget","date":"September 22, 2023","format":false,"excerpt":"\r People who lost money for care home fees and others facing rocketing mortgage costs after Truss\u2019s gambit share their storiesThe chancellor, Kwasi Kwarteng\u2019s speech at the Commons dispatch box on 23 September last year, and his refusal to publish the Office for Budget Responsibility\u2019s autumn 2022 forecast on the\u2026","rel":"","context":"In &quot;Property 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