{"id":84346,"date":"2023-05-02T08:47:30","date_gmt":"2023-05-02T07:47:30","guid":{"rendered":"https:\/\/ukcontractormortgages.com\/?p=84346"},"modified":"2023-05-04T08:42:26","modified_gmt":"2023-05-04T07:42:26","slug":"house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride","status":"publish","type":"post","link":"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/","title":{"rendered":"House prices rise for the first time but analysts still expect a rough ride"},"content":{"rendered":"\n

The housing market showed \u201ctentative\u201d signs of recovery in April as the price of homes rose 0.5 per cent during the month, however prices remain four per cent below their August 2022 peak.<\/p>\n\n\n\n

The Nationwide house price index showed that the annual rate of house price growth improved to -2.7 per cent from -3.1 per cent in March, as buyers remain cautious about their financial position due to rising inflation.<\/p>\n\n\n\n

Get in touch with us today to speak with the UK\u2019s\u00a0Best Contractor Mortgage Broker<\/a><\/strong>.<\/em><\/p>\n\n\n\n

The average price of a home in April is now \u00a3260k up slightly from \u00a3257k as the market continues to stabilise following the fall out from September mini budget.<\/p>\n\n\n\n

As inflation remains above 10 per cent, Robert Gardner, Nationwide\u2019s chief economist, said that analysts\u2019 expectations that it could fall in the second half of the year would likely further bolster sentiment, especially if the labour market conditions \u201cremain strong\u201d.<\/p>\n\n\n\n

He explained: \u201cThis, in turn, would also be likely to support a modest recovery in housing market activity.<\/p>\n\n\n\n

\u201cBut any upturn is likely to remain fairly pedestrian, as it will take time for household finances to recover, since average earnings have been failing to keep pace with inflation, and by a wide margin over the last few years.\u201d<\/p>\n\n\n\n

Get in touch with us today to speak with a specialist\u00a0Contractor Mortgage Advisor<\/a><\/strong>.<\/em><\/p>\n\n\n\n

House prices stabilise as Easter buyers emerge<\/strong><\/p>\n\n\n\n

Matt Thompson, head of sales at Chestertons, said: \u201cSavvy house hunters used the Easter holidays to continue their search online and enquire about properties to arrange a viewing as soon as possible.<\/p>\n\n\n\n

\u201cApril has therefore been a busy month; particularly as buyers are a lot more aware of today\u2019s competitive market conditions. As a result, most buyers have also been preparing their paperwork as much as they could in order to make an offer and secure a property before the summer.\u201d<\/p>\n\n\n\n

Mark Harris, chief executive of mortgage broker SPF Private Clients, added: \u2018Average property prices fell again in April but not as far as in March as the spring market gets into gear and buyers and sellers start to see an end in sight with regard to high inflation and interest rates.<\/p>\n\n\n\n

\u201cSwap rates, which underpin the pricing of fixed-rate mortgages, have risen again on the back of short-term volatility. However, lenders continue to reduce their fixed rates, albeit at a slower pace than before, with bigger reductions seen on higher loan-to-value mortgages as they try to attract first-time buyers.\u201d<\/p>\n\n\n\n

By LAURA MCGUIRE<\/p>\n\n\n\n

Source: City A.M.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The housing market showed \u201ctentative\u201d signs of recovery in April as the price of homes rose 0.5 per cent during the month, however prices remain four per cent below their August 2022 peak. The Nationwide house price index showed that the annual rate of house price growth improved to -2.7 per cent from -3.1 per […]<\/p>\n","protected":false},"author":2,"featured_media":73051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[411],"tags":[443,1245,1195],"acf":[],"aioseo_notices":[],"yoast_head":"\nHouse prices rise for the first time but analysts still expect a rough ride - UK Contractor Mortgages<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House prices rise for the first time but analysts still expect a rough ride\" \/>\n<meta property=\"og:description\" content=\"The housing market showed \u201ctentative\u201d signs of recovery in April as the price of homes rose 0.5 per cent during the month, however prices remain four per cent below their August 2022 peak. The Nationwide house price index showed that the annual rate of house price growth improved to -2.7 per cent from -3.1 per […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/\" \/>\n<meta property=\"og:site_name\" content=\"UK Contractor Mortgages\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-02T07:47:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-04T07:42:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ukcontractormortgages.com\/wp-content\/uploads\/2021\/04\/england-2666083_960_720.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Marketing\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Marketing\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/\"},\"author\":{\"name\":\"Marketing\",\"@id\":\"https:\/\/ukcontractormortgages.com\/#\/schema\/person\/89a5eea04c7d418eec4691feca3a7bce\"},\"headline\":\"House prices rise for the first time but analysts still expect a rough ride\",\"datePublished\":\"2023-05-02T07:47:30+00:00\",\"dateModified\":\"2023-05-04T07:42:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/\"},\"wordCount\":434,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ukcontractormortgages.com\/#organization\"},\"keywords\":[\"house prices\",\"Housing Market\",\"property market\"],\"articleSection\":[\"Housing Market\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/\",\"url\":\"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/\",\"name\":\"House prices rise for the first time but analysts still expect a rough ride - UK Contractor Mortgages\",\"isPartOf\":{\"@id\":\"https:\/\/ukcontractormortgages.com\/#website\"},\"datePublished\":\"2023-05-02T07:47:30+00:00\",\"dateModified\":\"2023-05-04T07:42:26+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ukcontractormortgages.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"House prices rise for the first time but analysts still expect a rough ride\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ukcontractormortgages.com\/#website\",\"url\":\"https:\/\/ukcontractormortgages.com\/\",\"name\":\"UK Contractor Mortgages\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/ukcontractormortgages.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ukcontractormortgages.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ukcontractormortgages.com\/#organization\",\"name\":\"UK Contractor Mortgages\",\"url\":\"https:\/\/ukcontractormortgages.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/ukcontractormortgages.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ukcontractormortgages.com\/wp-content\/uploads\/2021\/05\/HQ1.png\",\"contentUrl\":\"https:\/\/ukcontractormortgages.com\/wp-content\/uploads\/2021\/05\/HQ1.png\",\"width\":1590,\"height\":460,\"caption\":\"UK Contractor Mortgages\"},\"image\":{\"@id\":\"https:\/\/ukcontractormortgages.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ukcontractormortgages.com\/#\/schema\/person\/89a5eea04c7d418eec4691feca3a7bce\",\"name\":\"Marketing\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/ukcontractormortgages.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f0a923ad3c69d65325efb89b92bf2465?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f0a923ad3c69d65325efb89b92bf2465?s=96&d=mm&r=g\",\"caption\":\"Marketing\"},\"url\":\"https:\/\/ukcontractormortgages.com\/author\/marketing\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"House prices rise for the first time but analysts still expect a rough ride - UK Contractor Mortgages","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/","og_locale":"en_GB","og_type":"article","og_title":"House prices rise for the first time but analysts still expect a rough ride","og_description":"The housing market showed \u201ctentative\u201d signs of recovery in April as the price of homes rose 0.5 per cent during the month, however prices remain four per cent below their August 2022 peak. The Nationwide house price index showed that the annual rate of house price growth improved to -2.7 per cent from -3.1 per […]","og_url":"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/","og_site_name":"UK Contractor Mortgages","article_published_time":"2023-05-02T07:47:30+00:00","article_modified_time":"2023-05-04T07:42:26+00:00","og_image":[{"width":960,"height":720,"url":"https:\/\/ukcontractormortgages.com\/wp-content\/uploads\/2021\/04\/england-2666083_960_720.jpg","type":"image\/jpeg"}],"author":"Marketing","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Marketing","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/#article","isPartOf":{"@id":"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/"},"author":{"name":"Marketing","@id":"https:\/\/ukcontractormortgages.com\/#\/schema\/person\/89a5eea04c7d418eec4691feca3a7bce"},"headline":"House prices rise for the first time but analysts still expect a rough ride","datePublished":"2023-05-02T07:47:30+00:00","dateModified":"2023-05-04T07:42:26+00:00","mainEntityOfPage":{"@id":"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/"},"wordCount":434,"commentCount":0,"publisher":{"@id":"https:\/\/ukcontractormortgages.com\/#organization"},"keywords":["house prices","Housing Market","property market"],"articleSection":["Housing Market"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/","url":"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/","name":"House prices rise for the first time but analysts still expect a rough ride - UK Contractor Mortgages","isPartOf":{"@id":"https:\/\/ukcontractormortgages.com\/#website"},"datePublished":"2023-05-02T07:47:30+00:00","dateModified":"2023-05-04T07:42:26+00:00","breadcrumb":{"@id":"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ukcontractormortgages.com\/house-prices-rise-for-the-first-time-but-analysts-still-expect-a-rough-ride\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ukcontractormortgages.com\/"},{"@type":"ListItem","position":2,"name":"House prices rise for the first time but analysts still expect a rough ride"}]},{"@type":"WebSite","@id":"https:\/\/ukcontractormortgages.com\/#website","url":"https:\/\/ukcontractormortgages.com\/","name":"UK Contractor Mortgages","description":"","publisher":{"@id":"https:\/\/ukcontractormortgages.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ukcontractormortgages.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/ukcontractormortgages.com\/#organization","name":"UK Contractor Mortgages","url":"https:\/\/ukcontractormortgages.com\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/ukcontractormortgages.com\/#\/schema\/logo\/image\/","url":"https:\/\/ukcontractormortgages.com\/wp-content\/uploads\/2021\/05\/HQ1.png","contentUrl":"https:\/\/ukcontractormortgages.com\/wp-content\/uploads\/2021\/05\/HQ1.png","width":1590,"height":460,"caption":"UK Contractor Mortgages"},"image":{"@id":"https:\/\/ukcontractormortgages.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ukcontractormortgages.com\/#\/schema\/person\/89a5eea04c7d418eec4691feca3a7bce","name":"Marketing","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/ukcontractormortgages.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f0a923ad3c69d65325efb89b92bf2465?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f0a923ad3c69d65325efb89b92bf2465?s=96&d=mm&r=g","caption":"Marketing"},"url":"https:\/\/ukcontractormortgages.com\/author\/marketing\/"}]}},"_links":{"self":[{"href":"https:\/\/ukcontractormortgages.com\/wp-json\/wp\/v2\/posts\/84346"}],"collection":[{"href":"https:\/\/ukcontractormortgages.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ukcontractormortgages.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ukcontractormortgages.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ukcontractormortgages.com\/wp-json\/wp\/v2\/comments?post=84346"}],"version-history":[{"count":1,"href":"https:\/\/ukcontractormortgages.com\/wp-json\/wp\/v2\/posts\/84346\/revisions"}],"predecessor-version":[{"id":84347,"href":"https:\/\/ukcontractormortgages.com\/wp-json\/wp\/v2\/posts\/84346\/revisions\/84347"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ukcontractormortgages.com\/wp-json\/wp\/v2\/media\/73051"}],"wp:attachment":[{"href":"https:\/\/ukcontractormortgages.com\/wp-json\/wp\/v2\/media?parent=84346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ukcontractormortgages.com\/wp-json\/wp\/v2\/categories?post=84346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ukcontractormortgages.com\/wp-json\/wp\/v2\/tags?post=84346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}