{"id":106654,"date":"2019-04-28T13:59:12","date_gmt":"2019-04-28T06:59:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-a-cheaper-but-longer-mortgage-worth-it-to-get-on-the-ladder\/"},"modified":"2019-04-28T14:19:54","modified_gmt":"2019-04-28T07:19:54","slug":"is-a-cheaper-but-longer-mortgage-worth-it-to-get-on-the-ladder","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-a-cheaper-but-longer-mortgage-worth-it-to-get-on-the-ladder\/","title":{"rendered":"Is a cheaper but longer mortgage worth it to get on the ladder?"},"content":{"rendered":"


\nThe rapid extension of mortgage terms from 25 to 40 years means different things for different peopleAs the cost of buying a property continues to exceed the budgets of many homebuyers, the prospect of paying less \u2013 but for much, much longer than previous generations \u2013 has emerged.Recent research from Santander suggests that almost half of buyers would consider taking out a mortgage for a 40-year term in order to get on the property ladder. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Is a cheaper but longer mortgage worth it to get on the ladder?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The rapid extension of mortgage terms from 25 to 40 years means different things for...<\/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-106654","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-rKe","jetpack-related-posts":[{"id":5420,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/warning-as-homebuyers-stretch-to-get-on-and-up-the-housing-ladder\/","url_meta":{"origin":106654,"position":0},"title":"Warning as homebuyers stretch to get on and up the housing ladder","date":"February 22, 2016","format":false,"excerpt":"\r The Council of Mortgage Lenders says increase in mortgages of more than 25 years is mostly due to difficulty of keeping up with rising house pricesMore first-time buyers and home movers than ever before took out mortgages for longer than 25 years in 2015, as rising house prices made\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2460,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-buyers-opt-for-40-year-mortgages-to-get-on-property-ladder\/","url_meta":{"origin":106654,"position":1},"title":"First-time buyers opt for 40-year mortgages to get on property ladder","date":"October 9, 2015","format":false,"excerpt":"\r Proportion of borrowers taking out loans for more than 25 years has doubled in five years, raising concerns over return to risky lending practicesFast-rising house prices are forcing home buyers to stretch their mortgage terms up to 40 years to get a foothold on the property ladder, raising fears\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-100-mortgage-is-back-is-it-worth-the-risk\/","url_meta":{"origin":106654,"position":2},"title":"The 100% mortgage is back \u2013 is it worth the risk?","date":"January 28, 2019","format":false,"excerpt":"\r A new mortgage from Lloyds Bank lets first-time buyers borrow the entire cost of their new home. But this isn\u2019t a return to the pre-financial crash lending frenzyIt is a 100% mortgage but not, thank goodness, as we once knew them. Lloyds Bank\u2019s new Lend a Hand mortgage offers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143193,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-buyer-schemes-five-ways-to-get-on-the-property-ladder\/","url_meta":{"origin":106654,"position":3},"title":"First-time buyer schemes: five ways to get on the property ladder","date":"March 25, 2024","format":false,"excerpt":"\r From shared ownership to rent to buy, we look at the schemes aimed at helping you own a homeHow to pick a mortgage and the best UK dealsDiary of a first-time buyer: \u2018At last I\u2019m a homeowner\u2019How to get yourself mortgage readyThere are a range of schemes geared towards\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133071,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-extends-generation-buy-mortgage-guarantee\/","url_meta":{"origin":106654,"position":4},"title":"Government extends \u2018generation buy\u2019 mortgage guarantee","date":"December 20, 2022","format":false,"excerpt":"\r Scheme to help first-time buyers on to property ladder has been used by more than 24,000 households across UKThe government is extending the mortgage guarantee scheme, which helps buyers with small deposits get on the property ladder as higher borrowing costs threaten to put the brakes on the UK\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":157299,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-rolls-out-looser-mortgage-rules-to-help-first-time-buyers\/","url_meta":{"origin":106654,"position":5},"title":"Bank of England rolls out looser mortgage rules to help first-time buyers","date":"July 9, 2025","format":false,"excerpt":"\r Move hopes to push lenders to offer more high loan-to-income mortgages and help 36,000 buyers on to housing ladderBusiness live \u2013 latest updatesThe Bank of England has rolled out looser mortgage rules that policymakers hope will help 36,000 more first-time buyers on to the housing ladder each year.New guidelines\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\/106654"}],"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=106654"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106654\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=106654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=106654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=106654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}