{"id":11146,"date":"2015-10-12T12:59:09","date_gmt":"2015-10-12T05:59:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-only-mortgages-are-back-but-you-have-to-be-wealthy-to-get-one\/"},"modified":"2016-04-22T11:46:35","modified_gmt":"2016-04-22T04:46:35","slug":"interest-only-mortgages-are-back-but-you-have-to-be-wealthy-to-get-one","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-only-mortgages-are-back-but-you-have-to-be-wealthy-to-get-one\/","title":{"rendered":"Interest-only mortgages are back, but you have to be wealthy to get one"},"content":{"rendered":"


\nSoaring house prices have tempted lenders to reintroduce the controversial home loans that were once seen as irresponsibleA flurry of lenders have returned to the interest-only mortgage market, but the move is unlikely to help homeowners who already rely on the controversial loans to ease their cashflow problems.These home loans enable people to keep their repayments down in order to afford sky-high property prices, with only the interest and not the capital paid back each month. They were seen as one of the worst examples of irresponsible lending in the years running up to the credit crunch, when their popularity soared. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Interest-only mortgages are back, but you have to be wealthy to get one<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Soaring house prices have tempted lenders to reintroduce the controversial home loans that were once...<\/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-11146","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\/p75ss1-2TM","jetpack-related-posts":[{"id":26682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/base-rate-cut-could-lead-to-uk-mortgages-at-less-than-1-interest\/","url_meta":{"origin":11146,"position":0},"title":"Base-rate cut could lead to UK mortgages at less than 1% interest","date":"September 21, 2016","format":false,"excerpt":"\r City firm predicts that super-cheap home loans will be offered as a result of competition between lenders to attract new businessThe fixed interest rate of mortgages could fall to less than 1% next year if the Bank of England cuts the base rate again, in a move that would\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4301,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wealthy-borrowers-behind-9-3-jump-in-new-mortgages\/","url_meta":{"origin":11146,"position":1},"title":"Wealthy borrowers behind 9.3% jump in new mortgages","date":"February 10, 2016","format":false,"excerpt":"\r A sharp drop in interest rates prompted more homeowners to refinance their mortgages, especially those with large loans.\r \r Source : cnbc.com\r Read more...Wealthy borrowers behind 9.3% jump in new mortgages","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-uk-lenders-continue-to-raise-rates-and-pull-deals\/","url_meta":{"origin":11146,"position":2},"title":"Mortgages: UK lenders continue to raise rates and pull deals","date":"June 5, 2023","format":false,"excerpt":"\r Record 19% of all loans taken out by first-time buyers in March were for 35 years or longerBusiness live \u2013 latest updatesMortgage market misery has stepped up for homebuyers as lenders continue to increase borrowing rates and pull deals, prompting record numbers to take out loans of more than\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120816,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-dont-be-dazzled-by-super-low-interest-rates\/","url_meta":{"origin":11146,"position":3},"title":"Mortgages: don\u2019t be dazzled by super-low interest rates","date":"July 17, 2021","format":false,"excerpt":"\r Ultra-low fixed-rate deals can look very attractive, but the no-fee higher rate can often make for a better bargainHeadline-grabbing mortgage rates have been coming thick and fast in recent weeks. It started with the first sub-1% deal in several years, and has continued with lenders launching their cheapest home\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10582,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-lending-up-60-ahead-of-stamp-duty-changes\/","url_meta":{"origin":11146,"position":4},"title":"Buy-to-let lending up 60% ahead of stamp duty changes","date":"April 13, 2016","format":false,"excerpt":"\r Council of Mortgage Lenders reports a near-50% increase in the number of buy-to-let loans taken out, with first-time buyer mortgages up by 11%Lending to buy-to-let investors rose by almost two-thirds in the 12 months to February, as some landlords took advantage of low interest rates to remortgage, while others\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17602,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fixed-rate-mortgages-likely-to-get-even-cheaper-after-brexit\/","url_meta":{"origin":11146,"position":5},"title":"Fixed-rate mortgages 'likely to get even cheaper' after Brexit","date":"June 24, 2016","format":false,"excerpt":"\r Home loans expert predicts a raft of lenders will offer lower-priced deals to borrowers as their cost of funding fallsThe Brexit vote looks set to push already cheap fixed-rate mortgages to new lows, with a raft of lenders likely to cut borrowing costs for new customers in the coming\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\/11146"}],"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=11146"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/11146\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=11146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=11146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=11146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}