{"id":148959,"date":"2024-10-07T07:23:20","date_gmt":"2024-10-07T07:23:20","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/10\/07\/house-prices-close-to-record-high-says-halifax\/"},"modified":"2024-10-07T07:23:20","modified_gmt":"2024-10-07T07:23:20","slug":"house-prices-close-to-record-high-says-halifax","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/10\/07\/house-prices-close-to-record-high-says-halifax\/","title":{"rendered":"House prices close to record high, says Halifax"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/i1.wp.com\/ichef.bbci.co.uk\/news\/1024\/branded_news\/9f6d\/live\/007b7730-847b-11ef-9386-97808faa2fcd.jpg?resize=1024,576&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"House prices close to record high, says Halifax\" title=\"House prices close to record high, says Halifax\" \/><\/div><p> <br \/>\n<\/p>\n<div data-component=\"text-block\">\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">The average UK house price came close to reaching a record high last month as falling mortgage rates helped to boost confidence among buyers, according to Halifax.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">The UK&#8217;s largest mortgage lender said the average price hit \u00a3293,399 in September, just short of the record \u00a3293,507 reached in June 2022.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Prices have now risen for three months in a row, Halifax said, as market conditions improve.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">&#8220;Mortgage affordability has been easing thanks to strong wage growth and falling interest rates,&#8221; said Amanda Bryden, head of mortgages at Halifax.<!-- --><\/p>\n<\/div>\n<div data-component=\"text-block\">\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">&#8220;This has boosted confidence among potential buyers, with the number of mortgages agreed up over 40% in the last year and now at their highest level since July 2022.&#8221;<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Compared with a year ago, Halifax said house prices were up 4.7% &#8211; the fastest pace of growth since November 2022.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Northern Ireland continues to see the strongest annual house price growth for any nation or region in the UK.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Guy Gittins, chief executive of Foxtons, told the BBC&#8217;s Today programme:  &#8220;The market is recovering.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">&#8220;It certainly won&#8217;t be the best year we&#8217;ve ever seen but each time we see a small interest rate drop, more buyers are returning from that backlog of last year.&#8221;<!-- --><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.com\/news\/articles\/c62mv1d3650o\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The average UK house price came close to reaching a record high last month as falling mortgage rates helped to boost confidence among buyers, according to Halifax. The UK&#8217;s largest mortgage lender said the average price hit \u00a3293,399 in September, just short of the record \u00a3293,507 reached in June 2022. Prices have now risen for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":148960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/ichef.bbci.co.uk\/news\/1024\/branded_news\/9f6d\/live\/007b7730-847b-11ef-9386-97808faa2fcd.jpg","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[3600,45819,437,79,2364,1541],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/148959"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=148959"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/148959\/revisions"}],"predecessor-version":[{"id":148961,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/148959\/revisions\/148961"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/148960"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=148959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=148959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=148959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}