{"id":149666,"date":"2025-02-28T15:24:19","date_gmt":"2025-02-28T08:24:19","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-for-sixth-straight-month-despite-affordability-challenges\/"},"modified":"2025-02-28T17:55:26","modified_gmt":"2025-02-28T10:55:26","slug":"uk-house-prices-rise-for-sixth-straight-month-despite-affordability-challenges","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-for-sixth-straight-month-despite-affordability-challenges\/","title":{"rendered":"UK house prices rise for sixth straight month despite \u2018affordability challenges\u2019"},"content":{"rendered":"<p>&#013;<br \/>\nAverage price of property increased by 0.4% to \u00a3270,493 in February, Nationwide saysBusiness live \u2013 latest updatesUK house prices grew for the sixth month in a row in February despite signs of a sluggish economy, according to a building society, as economists expected a rush of people trying to complete purchases before stamp duty increases in April.The average UK house price rose by 0.4% during the month, up from 0.1% the month before, according to an early measure from Nationwide, Britain\u2019s biggest building society. The average price of a house bought through Nationwide grew to \u00a3270,493. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2025\/feb\/28\/uk-house-prices-rise-nationwide-average\" target=\"_blank\" rel=\"noopener\">UK house prices rise for sixth straight month despite \u2018affordability challenges\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Average price of property increased by 0.4% to \u00a3270,493 in February, Nationwide saysBusiness live \u2013&#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-149666","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-CVY","jetpack-related-posts":[{"id":146598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-at-fastest-rate-in-18-months-nationwide-reports\/","url_meta":{"origin":149666,"position":0},"title":"UK house prices rise at fastest rate in 18 months, Nationwide reports","date":"August 1, 2024","format":false,"excerpt":"\r Annual growth rate was 2.1% in July but building society says high mortgage rates still pose challengesUK house prices have grown at the fastest rate in 18 months but high mortgage rates mean many prospective buyers still face affordability challenges, Nationwide has said.The building society said the average house\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143943,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-unexpectedly-for-second-month-in-a-row\/","url_meta":{"origin":149666,"position":1},"title":"UK house prices fall unexpectedly for second month in a row","date":"May 1, 2024","format":false,"excerpt":"\r Nationwide blames April slowdown on \u2018affordability pressures\u2019 on back of high mortgage ratesBusiness live \u2013 latest updatesUK house prices have fallen unexpectedly in April for a second consecutive month, according to the building society Nationwide, which blamed the slowdown on \u201caffordability pressures\u201d amid high mortgage rates.The average house price\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-for-third-straight-month-as-mortgage-rates-fall\/","url_meta":{"origin":149666,"position":2},"title":"UK house prices rise for third straight month as mortgage rates fall","date":"December 1, 2023","format":false,"excerpt":"\r Nationwide says average property price was \u00a3258,557 in November, \u00a35,231 down on same month last yearUK house prices rose for a third consecutive month in November as the market responded to hopes that mortgage rate costs had peaked.Nationwide, the UK\u2019s biggest building society, said prices rose 0.2% month on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50356,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-slide-for-first-time-in-almost-two-years-says-nationwide\/","url_meta":{"origin":149666,"position":3},"title":"UK house prices slide for first time in almost two years, says Nationwide","date":"March 31, 2017","format":false,"excerpt":"\r Average price of a home down 0.3% at \u00a3207,308 as British housing market is expected to face pressure in 2017UK houses prices fell for the first time in almost two years in March according to Nationwide, in the latest sign of a slowdown in the property market.The average price\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166326,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-despite-budget-tax-fears-says-nationwide\/","url_meta":{"origin":149666,"position":4},"title":"UK house prices rise despite budget tax fears, says Nationwide","date":"December 2, 2025","format":false,"excerpt":"\r \u2018Mansion tax\u2019 announced by Rachel Reeves will have limited impact on property market, building society saysBusiness live \u2013 latest updatesUK house prices rose last month despite uncertainty before the budget, according to Nationwide, which predicted that the newly announced \u201cmansion tax\u201d would have a limited impact on the housing\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2848,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lack-of-new-homes-could-keep-uk-house-prices-rising-says-nationwide\/","url_meta":{"origin":149666,"position":5},"title":"Lack of new homes could keep UK house prices rising, says Nationwide","date":"January 27, 2016","format":false,"excerpt":"\r Construction likely to lag behind demand in 2016, leading to higher property prices and reduced affordability, warns building societyHouse prices are likely to continue to rise in 2016 as building lags demand for homes, the UK\u2019s biggest building society has warned.The average price of a property in the UK\u2026","rel":"","context":"In &quot;Property 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