{"id":519218,"date":"2026-04-08T08:59:08","date_gmt":"2026-04-08T08:59:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/519218\/"},"modified":"2026-04-08T08:59:08","modified_gmt":"2026-04-08T08:59:08","slug":"uk-house-prices-fall-as-iran-war-uncertainty-dampens-demand","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/519218\/","title":{"rendered":"UK house prices fall as Iran war uncertainty dampens demand"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Last month saw the biggest daily withdrawal of deals since the disastrous mini-Budget in 2022 under the then Prime Minister Liz Truss. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But Halifax said the recent increase in mortgage rates had not been as sharp as four years ago.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Amanda Bryden, head of mortgages at Halifax, said: &#8220;The recent slowdown in the housing market reflects the wide uncertainty regarding the conflict in the Middle East. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;Concerns about higher energy prices have pushed up inflation expectations, which in turn led to a rise in mortgage rates, reducing confidence that interest rates will be cut this year and dampening the initial momentum in the market seen at the start of the year.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Commenting on how long weaker demand might last, Bryden said it would &#8220;largely depend on how long\u2011lasting these pressures prove to be and the wider implications for the economy and unemployment&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"Last month saw the biggest daily withdrawal of deals since the disastrous mini-Budget in 2022 under the then&hellip;\n","protected":false},"author":2,"featured_media":519219,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-519218","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/519218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=519218"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/519218\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/519219"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=519218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=519218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=519218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}