{"id":102914,"date":"2019-01-13T15:00:09","date_gmt":"2019-01-13T08:00:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-mortgage-payback-time-now-savings-rates-are-grim\/"},"modified":"2019-01-13T15:03:41","modified_gmt":"2019-01-13T08:03:41","slug":"its-mortgage-payback-time-now-savings-rates-are-grim","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-mortgage-payback-time-now-savings-rates-are-grim\/","title":{"rendered":"It\u2019s mortgage payback time now savings rates are grim"},"content":{"rendered":"


\nMore young people are opting to overpay, cutting the term of their house or flat loanIt has been a grim decade for savers and it now appears younger people are looking closer to home in an attempt to make their money work. Consumer group Which? has found that well over half of young homeowners are overpaying on their mortgages, cutting the length of time they will have to pay back their house or flat loan.It is little surprise, with high street rates at rock bottom after a dismal decade for savers. Many commentators are now actively encouraging people to look at increasing their repayments \u2013 if budgets allow. Continue reading…
\n
\nSource : theguardian.com
\nRead more…It\u2019s mortgage payback time now savings rates are grim<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

More young people are opting to overpay, cutting the term of their house or flat...<\/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-102914","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-qLU","jetpack-related-posts":[{"id":22777,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rate-cut-what-now-for-savers-and-borrowers\/","url_meta":{"origin":102914,"position":0},"title":"Interest rate cut: what now for savers and borrowers?","date":"August 13, 2016","format":false,"excerpt":"\r We look at which savings accounts have been hardest hit, who is still offering decent rates, and where to go to get the best mortgage dealHow low can they go? There wasn\u2019t much fat left to trim, but savings rates are now being hacked back even further following the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67282,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leeds-building-society-makes-rate-promise\/","url_meta":{"origin":102914,"position":1},"title":"Leeds building society makes rate promise","date":"September 24, 2017","format":false,"excerpt":"\r Minimum of 0.5% will be guaranteed on savings accounts from the end of OctoberBeleaguered savers have been given a small ray of hope in the current era of low interest rates after Leeds building society said it would guarantee a minimum of 0.5% on savings accounts.The society, the fifth\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6992,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rates-continue-to-fall\/","url_meta":{"origin":102914,"position":2},"title":"Mortgage rates continue to fall","date":"March 6, 2016","format":false,"excerpt":"\r Borrowers still benefit from Bank of England cutting base rate to 0.5%Seven years of record low interest rates may have hammered savers, but borrowers are continuing to benefit.Yesterday marked the seventh anniversary of the Bank of England slashing interest rates to their current 0.5% historic low. And while the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66494,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rate-rise-what-it-could-mean-for-savers-and-mortgage-holders\/","url_meta":{"origin":102914,"position":3},"title":"UK interest rate rise \u2013 what it could mean for savers and mortgage holders","date":"September 15, 2017","format":false,"excerpt":"\r The Bank of England has hinted the first rate rise in almost a decade is now likely, and soon. So how much will it cost?A member of the Bank of England\u2019s rate-setting committee has fuelled speculation that interest rates could rise as soon as November. Gertjan Vlieghe put forward\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44800,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savers-need-a-balancing-act-to-beat-inflation\/","url_meta":{"origin":102914,"position":4},"title":"Savers need a balancing act to beat inflation","date":"February 20, 2017","format":false,"excerpt":"\r Savings rates have never been so low, but with a spread of sensible investments your portfolio can still deliver good returnsAs if savers needed to be told, it is a miserable time for anyone hoping to make money from their nest egg. With rates in the doldrums, the news\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25007,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-cash-isas-leave-savers-despairing-it-could-be-worth-taking-a-chance\/","url_meta":{"origin":102914,"position":5},"title":"As cash Isas leave savers despairing, it could be worth taking a chance","date":"September 5, 2016","format":false,"excerpt":"\r With the Bank of England base rate at a record low and the outlook poor, we look at places where your money could earn more \u2013 if you accept riskThe past few years have been a grim time for savers. After the Bank of England cut its base rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102914"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=102914"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102914\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}