{"id":103044,"date":"2019-01-17T17:57:49","date_gmt":"2019-01-17T10:57:49","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-credit-cards-and-mortgages-in-uk-falling-fast-warns-bofe\/"},"modified":"2019-01-17T18:08:42","modified_gmt":"2019-01-17T11:08:42","slug":"demand-for-credit-cards-and-mortgages-in-uk-falling-fast-warns-bofe","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-credit-cards-and-mortgages-in-uk-falling-fast-warns-bofe\/","title":{"rendered":"Demand for credit cards and mortgages in UK falling fast, warns BofE"},"content":{"rendered":"


\nHigh street bansk predict borrowing on cards will fall to lowest since 2007 with mortgages down to 2010 levelBorrowing on credit cards is expected to plunge to the lowest levels since 2007 in the three months before Brexit, according to the Bank of England, in the latest indication of stresses facing the UK economy.According to the latest quarterly healthcheck on credit conditions from Threadneedle Street, high street banks forecast borrowing on plastic will decline in the first quarter by the most since records began 12 years ago. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Demand for credit cards and mortgages in UK falling fast, warns BofE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

High street bansk predict borrowing on cards will fall to lowest since 2007 with mortgages...<\/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-103044","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-qO0","jetpack-related-posts":[{"id":1593,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-loans-drive-surge-in-uk-consumer-borrowing\/","url_meta":{"origin":103044,"position":0},"title":"Car loans drive surge in UK consumer borrowing","date":"January 15, 2016","format":false,"excerpt":"\r Personal loans and credit card borrowing jumped in November, says Bank of EnglandA surge in loans for new cars was behind a big increase in lending to households, according to Bank of England figures, which may raise fresh fears that families are falling into the trap of debt-fuelled spending.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172584,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fed-raises-rates-what-it-means-for-your-credit-cards-mortgages-savings-accounts-and-auto-loans\/","url_meta":{"origin":103044,"position":1},"title":"Fed raises rates: What it means for your credit cards, mortgages, savings accounts and auto loans","date":"September 17, 2026","format":false,"excerpt":"\r The Fed's quarter-point rate hike will impact a range of consumer borrowing and savings costs, including mortgages, credit cards, car loans and deposit rates.\r \r Source : cnbc.com\r Read more...Fed raises rates: What it means for your credit cards, mortgages, savings accounts and auto loans","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76804,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/quarter-of-uks-poorest-households-are-getting-deeper-in-debt-ifs-warns\/","url_meta":{"origin":103044,"position":2},"title":"Quarter of UK's poorest households are getting deeper in debt, IFS warns","date":"January 16, 2018","format":false,"excerpt":"\r Poorest households are spending 25% of monthly income servicing debts as UK borrowing rocketsOne in four of Britain\u2019s poorest households are falling behind with debt payments or spending more than a quarter of their monthly income on repayments, according to a study.The latest evidence of mounting debt problems for\u2026","rel":"","context":"In "Property 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