{"id":113342,"date":"2019-12-31T13:00:28","date_gmt":"2019-12-31T06:00:28","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-of-5m-plus-mortgage-low-interest-rates-lure-super-rich\/"},"modified":"2019-12-31T14:49:19","modified_gmt":"2019-12-31T07:49:19","slug":"rise-of-5m-plus-mortgage-low-interest-rates-lure-super-rich","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-of-5m-plus-mortgage-low-interest-rates-lure-super-rich\/","title":{"rendered":"Rise of \u00a35m-plus mortgage: low interest rates lure super-rich"},"content":{"rendered":"<p>&#013;<br \/>\nGlobal elite take out \u00a31.8bn in mortgages for London houses in year to end of SeptemberThe super-rich have taken out 185 \u00a35m-plus mortgages over the past year to take advantage of historically low interest rates and buy expensive luxury properties in London.Members of the global elite signed up for the loans in the year to the end of September, according to figures released by the Financial Conduct Authority following a freedom of information request. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/news\/2019\/dec\/31\/rise-of-5m-plus-mortgage-low-interest-rates-lure-super-rich\" target=\"_blank\">Rise of \u00a35m-plus mortgage: low interest rates lure super-rich<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Global elite take out \u00a31.8bn in mortgages for London houses in year to end of&#46;&#46;&#46;<\/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-113342","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-tu6","jetpack-related-posts":[{"id":140677,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-if-your-mortgage-costs-will-rise-soon-how-are-you-preparing\/","url_meta":{"origin":113342,"position":0},"title":"UK homeowners: if your mortgage costs will rise soon, how are you preparing?","date":"December 12, 2023","format":false,"excerpt":"\r We\u2019d like to hear from people in the UK whose mortgage rates will rise next year, and what they are doing to be able to afford the extra costsThe Bank of England governor, Andrew Bailey, warned repeatedly this week against speculation that the base interest rate of currently 5.25%\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136614,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/1-5m-uk-homeowners-on-variable-rate-mortgages-face-new-borrowing-rise\/","url_meta":{"origin":113342,"position":1},"title":"1.5m UK homeowners on variable rate mortgages face new borrowing rise","date":"May 11, 2023","format":false,"excerpt":"\r Bank of England expected to push interest rates up to 4.5% to tackle high inflation rateAlmost 1.5 million homeowners with variable rate mortgages face higher borrowing costs with the Bank of England expected to push up interest rates on Thursday to 4.5%.A poll of City analysts found there was\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127347,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/barclays-to-buy-kensington-mortgages-as-interest-rates-rise\/","url_meta":{"origin":113342,"position":2},"title":"Barclays to buy Kensington Mortgages as interest rates rise","date":"June 24, 2022","format":false,"excerpt":"\r Acquisition comes at a time of intense competition in the mortgage marketBarclays is to buy the specialist mortgage lender Kensington Mortgages for \u00a32.3bn, in a dash for mortgage books as interest rates rise.The acquisition comes at a time of intense competition in the mortgage market, and as rising interest\u2026","rel":"","context":"In &quot;Property News&quot;","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":113342,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96609,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lending-fell-in-july-before-rise-in-interest-rates\/","url_meta":{"origin":113342,"position":4},"title":"Mortgage lending fell in July before rise in interest rates","date":"August 24, 2018","format":false,"excerpt":"\r Number of mortgages approved drop by 4.3% to 39,584 compared with a year agoMortgage lending in Britain dropped last month before the Bank of England raised interest rates above the level set since the financial crisis, new banking industry figures show. The industry body UK Finance said the number\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172488,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-riskier-mortgages-rises-along-with-interest-rates\/","url_meta":{"origin":113342,"position":5},"title":"Demand for riskier mortgages rises along with interest rates","date":"September 2, 2026","format":false,"excerpt":"\r Mortgage rates continue to rise, pushing some buyers to riskier, adjustable-rate loans in order to find savings. Rates are at the highest level since June 2025.\r \r Source : cnbc.com\r Read more...Demand for riskier mortgages rises along with interest rates","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113342"}],"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=113342"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113342\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}