{"id":75539,"date":"2018-01-01T14:00:03","date_gmt":"2018-01-01T07:00:03","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/after-the-shocks-of-the-old-year-how-will-2018-shape-up-for-the-average-household\/"},"modified":"2018-01-01T15:02:50","modified_gmt":"2018-01-01T08:02:50","slug":"after-the-shocks-of-the-old-year-how-will-2018-shape-up-for-the-average-household","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/after-the-shocks-of-the-old-year-how-will-2018-shape-up-for-the-average-household\/","title":{"rendered":"After the shocks of the old year, how will 2018 shape up for the average household?"},"content":{"rendered":"


\nAfter a year in which households faced a squeeze on incomes and rises in mortgage payments, here\u2019s what to expect nextLooking back over the year that is gone, there were few signs of relief for the average household. The knock-on effects of the Brexit referendum resulted in price rises on everyday items from butter to electronics while the Bank of England increased interest rates for the first time in a decade, leaving the banks open to increase the mortgage repayments of homeowners.While inflation is creeping up \u2013 it was 3.1% in November \u2013 wage growth has not matched the rise, resulting in a squeeze on the average household budget. Continue reading…
\n
\nSource : theguardian.com
\nRead more…After the shocks of the old year, how will 2018 shape up for the average household?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

After a year in which households faced a squeeze on incomes and rises in mortgage...<\/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-75539","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-jEn","jetpack-related-posts":[{"id":81592,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-as-incomes-squeeze-in-slowing-economy\/","url_meta":{"origin":75539,"position":0},"title":"UK house prices fall as incomes squeeze in slowing economy","date":"March 1, 2018","format":false,"excerpt":"\r Unexpected dip in property market marks weakest growth in six months, says NationwideUK house prices fell unexpectedly in February for the first time in six months, as the squeeze on household incomes and weaker economic backdrop weighed on the property market, according to the mortgage lender Nationwide.The average price\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70630,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-pick-up-but-still-under-pressure-says-nationwide\/","url_meta":{"origin":75539,"position":1},"title":"UK house prices pick up but still under pressure, says Nationwide","date":"November 1, 2017","format":false,"excerpt":"\r Lender says shortage of homes on the market and low mortgage rates are offsetting squeeze on household incomesUK house price growth edged up to a three-month high in October, but pressure on household budgets is weighing on the market 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with London weakest region","date":"March 29, 2018","format":false,"excerpt":"\r Consumer confidence subdued amid squeeze on household finances, says NationwideUK house prices fell in March for the second month in a row, with London again the weakest region, according to Nationwide, one of Britain\u2019s biggest mortgage lenders.The average price of a home was \u00a3211,625 last month, down 0.2% from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3567,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-household-to-be-10000-in-debt-by-end-of-2016\/","url_meta":{"origin":75539,"position":4},"title":"Average UK household to be \u00a310,000 in debt by end of 2016","date":"March 23, 2015","format":false,"excerpt":"\r Report warns that people\u2019s complacency over their ability to manage their borrowing could lead to resurgence in bad debtThe average UK household will owe close to 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