{"id":114962,"date":"2020-03-18T02:12:13","date_gmt":"2020-03-17T19:12:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-set-out-details-of-covid-19-mortgage-holidays\/"},"modified":"2020-03-18T03:04:04","modified_gmt":"2020-03-17T20:04:04","slug":"uk-banks-set-out-details-of-covid-19-mortgage-holidays","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-set-out-details-of-covid-19-mortgage-holidays\/","title":{"rendered":"UK banks set out details of Covid-19 mortgage holidays"},"content":{"rendered":"<p>&#013;<br \/>\nHouseholds hit by coronavirus will not lose credit ratings if they delay paymentsCoronavirus \u2013 latest updatesSee all our coronavirus coverageBritain\u2019s banks have revealed how they are going to implement Rishi Sunak\u2019s promise of \u201cpayment holidays\u201d of up to three months.In guidance issued after the chancellor pledged mortgage support for households affected by the coronavirus, UK Finance, the trade body for the major banks, set out how households can apply. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2020\/mar\/17\/uk-banks-set-out-details-of-covid-19-mortgage-holidays\" target=\"_blank\">UK banks set out details of Covid-19 mortgage holidays<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Households hit by coronavirus will not lose credit ratings if they delay paymentsCoronavirus \u2013 latest&#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-114962","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-tUe","jetpack-related-posts":[{"id":115612,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lenders-to-grant-1-2m-mortgage-deferments\/","url_meta":{"origin":114962,"position":0},"title":"UK lenders to grant 1.2m mortgage deferments","date":"April 14, 2020","format":false,"excerpt":"\r One in nine households get payment holiday for up to three months amid Covid-19Coronavirus \u2013 latest updatesSee all our coronavirus coverageBritish lenders have granted more than 1.2m mortgage holidays as part of relief measures for households affected by the Covid-19 outbreak.It means that about one in nine households will\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171278,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/iran-war-may-cause-higher-mortgage-payments-for-extra-million-uk-households-says-bank-of-england\/","url_meta":{"origin":114962,"position":1},"title":"Iran war may cause higher mortgage payments for extra million UK households, says Bank of England","date":"April 1, 2026","format":false,"excerpt":"\r Financial policy committee makes warning over \u2018Trumpflation\u2019 increases, as average two-year fixed rate hits 5.84%Business live \u2013 latest updatesThe US-Israel war on Iran could end up increasing monthly mortgage payments for more than one million more UK households, the Bank of England has warned, adding that the conflict had\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115396,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-mortgage-payment-holidays-really-a-good-idea-patrick-collinson\/","url_meta":{"origin":114962,"position":2},"title":"Are mortgage payment holidays really a good idea? | Patrick Collinson","date":"April 4, 2020","format":false,"excerpt":"\r Most banks will offer a break during the coronavirus crisis, but it doesn\u2019t suit everyoneAbout 1 million mortgage holders have applied for a payment holiday in the past fortnight, according to industry sources. Should you do so, too?1. It\u2019s not free money. But it\u2019s very cheap. Let\u2019s be clear\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116193,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-holidays-a-break-is-tempting-but-it-will-cost-you\/","url_meta":{"origin":114962,"position":3},"title":"Mortgage holidays: a break is tempting, but it will cost you","date":"May 9, 2020","format":false,"excerpt":"\r About 2m Britons have paused payments in the coronavirus crisis. Readers share their experiencesCoronavirus \u2013 latest updatesSee all our coronavirus coverageAlmost one in five UK mortgage holders have now been granted a payment holiday, it was estimated this week \u2013 but people\u2019s experiences of the process have been very\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74344,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-mortgage-lending-in-uk-reaches-highest-level-since-2008\/","url_meta":{"origin":114962,"position":4},"title":"New mortgage lending in UK reaches highest level since 2008","date":"December 12, 2017","format":false,"excerpt":"\r Boom driven by people remortgaging homes to lock- in cheap deals as proportion lent to first-time buyers fallsBritish households are taking on the highest levels of fresh mortgage debt since the beginning of 2008, spurred by low interest rates from the Bank of England, even as the proportion of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115754,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-coronavirus-reserve-bank-proposes-to-axe-loan-to-value-ratios\/","url_meta":{"origin":114962,"position":5},"title":"Covid-19 coronavirus: Reserve Bank proposes to axe loan-to-value ratios","date":"April 21, 2020","format":false,"excerpt":"\r The Reserve Bank of New Zealand is proposing to remove loan-to-valuation restrictions on mortgage lending as Covid-19 wreaks havoc on the economy.\"This move will help banks to keep lending to support customers, including with mortgage...\r \r Source : nzherald.co.nz\/Property\r Read more...Covid-19 coronavirus: Reserve Bank proposes to axe loan-to-value ratios","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\/114962"}],"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=114962"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114962\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=114962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=114962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=114962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}