{"id":880,"date":"2022-05-27T12:39:10","date_gmt":"2022-05-27T11:39:10","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/quilter\/?p=880"},"modified":"2022-05-27T12:39:13","modified_gmt":"2022-05-27T11:39:13","slug":"the-war-in-ukraine-and-uk-property","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/quilter\/2022\/05\/27\/the-war-in-ukraine-and-uk-property\/","title":{"rendered":"The war in Ukraine and UK property"},"content":{"rendered":"<div class=\"hd-block hd-block-paragraph\">\n<p><strong>Many of us\nhave been closely following the sad and shocking news about the Russian\ninvasion of Ukraine. You\u2019re likely aware that sanctions on Russia will have an\nimpact on fuel prices \u2013 but did you know that the UK property market might also\nfeel the effects?<\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Firstly, with\naround 150,000 Russians living in London, prime property prices may be impacted\nby the potential seizure of Russian property assets and economic sanctions on\noligarchs living in the UK. But the invasion of Ukraine, and the resultant\nupward price pressure on Russian and Ukrainian exported goods such as oil, gas,\naluminium, nickel and sunflower oil, is pushing the already high cost of living\never higher. And one measure that the Bank of England uses to combat high inflation\nis to increase its base rate \u2013 which then has a knock-on impact on mortgage\nrates, though not immediate for existing fixed-rate mortgages.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>While the\neconomic fallout of the Ukraine invasion remains uncertain, there\u2019s one thing\nabout which the experts all agree: the only way is up. And higher interest\nrates, coupled with the squeeze on household finances, have the potential to\nslow the housing market following an incredibly buoyant couple of years.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong><em>It is important to take professional advice before making any\ndecision relating to your personal finances. Information within this article is\nbased on our current understanding and can be subject to change without notice\nand the accuracy and completeness of the information cannot be guaranteed. It\ndoes not provide individual tailored investment advice and is for guidance\nonly. Some rules may vary in different parts of the UK.<\/em><\/strong><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Many of us have been closely following the sad and shocking news about the Russian invasion of Ukraine. You\u2019re likely aware that sanctions on Russia will have an impact on fuel prices \u2013 but did you know that the UK property market might also feel the effects? Firstly, with around 150,000 Russians living in London, [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":881,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,76],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/880"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/comments?post=880"}],"version-history":[{"count":2,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/880\/revisions"}],"predecessor-version":[{"id":883,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/880\/revisions\/883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media\/881"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media?parent=880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/categories?post=880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/tags?post=880"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/hd_content_source?post=880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}