{"id":146937,"date":"2024-09-06T17:17:36","date_gmt":"2024-09-06T10:17:36","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-hit-two-year-high-as-market-recovers-from-truss-mini-budget\/"},"modified":"2024-09-06T19:23:30","modified_gmt":"2024-09-06T12:23:30","slug":"uk-house-prices-hit-two-year-high-as-market-recovers-from-truss-mini-budget","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-hit-two-year-high-as-market-recovers-from-truss-mini-budget\/","title":{"rendered":"UK house prices hit two-year high as market recovers from Truss mini-budget"},"content":{"rendered":"


\nAverage 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 costs soaring, according to the latest figures from Halifax.The lender said the cost of an average house increased by 0.3% last month, after rising 0.9% in July, pushing the average cost of a property to \u00a3292,505. Continue reading…
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\nSource : theguardian.com
\nRead more…UK house prices hit two-year high as market recovers from Truss mini-budget<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Average cost of property rose 0.3% to \u00a3292,505 in August, says Halifax, after \u2018largely positive...<\/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-146937","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-CdX","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":146937,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146873,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-market-at-its-strongest-since-truss-mini-budget-aftermath\/","url_meta":{"origin":146937,"position":1},"title":"Housing market at its strongest since Truss mini-budget aftermath","date":"August 30, 2024","format":false,"excerpt":"\r House 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\u2026","rel":"","context":"In "Property News"","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":146937,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-market-contracts-for-fifth-month-after-liz-truss-mini-budget\/","url_meta":{"origin":146937,"position":3},"title":"UK mortgage market contracts for fifth month after Liz Truss mini-budget","date":"March 1, 2023","format":false,"excerpt":"\r Approvals at lowest since 2009 \u2013 bar during Covid lockdown \u2013 as demand for new homes continues to fallBritain\u2019s mortgage market has contracted for a fifth month in a row, official figures show, as the jump in interest rates that followed Liz Truss\u2019s September 2022 mini-budget continued to trigger\u2026","rel":"","context":"In "Property News"","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":146937,"position":4},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129923,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kwasi-kwarteng-delivers-sweeping-cuts-in-latest-mini-budget-video\/","url_meta":{"origin":146937,"position":5},"title":"Kwasi Kwarteng delivers sweeping cuts in latest mini-budget \u2013 video","date":"September 23, 2022","format":false,"excerpt":"\r Kwasi Kwarteng has delivered his first budget since being appointed to Liz Truss' cabinet. On Friday the chancellor laid out plans to cut stamp duty, scrap bankers' bonuses and get rid of the highest band of income tax in a statement made in parliament. 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