{"id":107489,"date":"2019-05-25T13:30:35","date_gmt":"2019-05-25T06:30:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hope-for-mortgage-prisoners-as-mps-and-regulator-act-to-free-them\/"},"modified":"2019-05-25T14:03:31","modified_gmt":"2019-05-25T07:03:31","slug":"hope-for-mortgage-prisoners-as-mps-and-regulator-act-to-free-them","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hope-for-mortgage-prisoners-as-mps-and-regulator-act-to-free-them\/","title":{"rendered":"Hope for 'mortgage prisoners\u2019 as MPs and regulator act to free them"},"content":{"rendered":"


\nThousands of homeowners whose banks collapsed in the financial crisis have been unable to move to a cheaper dealThousands of mortgage customers of now-defunct banks who had their loans sold on after the financial crisis are hoping new moves by regulators and MPs will free them up to shop around for cheaper deals.These borrowers, dubbed \u201cmortgage prisoners\u201d, include Jayne Emsley and her husband, who took out a Northern Rock mortgage in 2006 and are now with Landmark Mortgages, which is owned by US-based private equity firm Cerberus. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Hope for ‘mortgage prisoners\u2019 as MPs and regulator act to free them<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Thousands of homeowners whose banks collapsed in the financial crisis have been unable to move...<\/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-107489","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-rXH","jetpack-related-posts":[{"id":123499,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-urges-lenders-to-support-uks-47000-mortgage-prisoners\/","url_meta":{"origin":107489,"position":0},"title":"FCA urges lenders to support UK\u2019s 47,000 \u2018mortgage prisoners\u2019","date":"November 30, 2021","format":false,"excerpt":"\r Regulator asks banks and building societies to offer support to borrowers unable to switchBanks and building societies have been urged to consider changes to lending criteria to help an estimated 47,000 borrowers who could benefit from a cheaper home loan but are currently unable to move.A review of \u201cmortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87089,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-buyers-need-more-help-to-find-cheaper-mortgage-deals-says-fca\/","url_meta":{"origin":107489,"position":1},"title":"UK buyers need more help to find cheaper mortgage deals, says FCA","date":"May 4, 2018","format":false,"excerpt":"\r City regulator suggests making it easier to shop around could save 1 in 3 borrowers \u00a3550 a yearPlans to make it easier for mortgage borrowers to shop around have been proposed by the City regulator, after it found nearly one in three people fail to find the cheapest deal.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137467,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tory-mps-split-on-whether-to-intervene-to-help-mortgage-holders\/","url_meta":{"origin":107489,"position":2},"title":"Tory MPs split on whether to intervene to help mortgage holders","date":"June 21, 2023","format":false,"excerpt":"\r Figures released on Wednesday expected to confirm UK stuck with highest inflation rate in G7Conservative MPs are increasingly split over whether the government should intervene to defuse Britain\u2019s mortgage timebomb, as the Bank of England prepares to raise interest rates for a 13th consecutive time.In a crunch week for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127892,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-chinas-mortgage-boycott-revolt-spreads-senior-banking-regulator-assures-steps-to-solve-crisis\/","url_meta":{"origin":107489,"position":3},"title":"As China\u2019s mortgage boycott revolt spreads, senior banking regulator assures steps to solve crisis","date":"July 21, 2022","format":false,"excerpt":"\r With the mortgage boycott crisis spreading to 319 projects from around 100 a week ago, a senior banking regulator said banks will provide loans to developers to complete delayed residential projects.\r \r Source : South China Morning Post\r Read more...As China\u2019s mortgage boycott revolt spreads, senior banking regulator assures\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88602,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-abandon-interest-only-home-loans-amid-fca-scrutiny-of-mortgage-prisoners\/","url_meta":{"origin":107489,"position":4},"title":"Banks abandon interest-only home loans amid FCA scrutiny of 'mortgage prisoners'","date":"May 17, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Banks abandon interest-only home loans amid FCA scrutiny of 'mortgage prisoners'","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100520,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tenants-missing-out-on-cheaper-credit-deals-letter\/","url_meta":{"origin":107489,"position":5},"title":"Tenants missing out on cheaper credit deals | Letter","date":"October 26, 2018","format":false,"excerpt":"\r A cross-party group of MPs call on Theresa May to support the creditworthiness assessment billFor too long, opportunity has been divided among those who can get a mortgage and those who cannot. At present, the rent payments of Britain\u2019s 14.8 million tenants are not taken into account by lenders\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\/107489"}],"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=107489"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/107489\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=107489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=107489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=107489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}