{"id":115168,"date":"2020-03-26T19:14:47","date_gmt":"2020-03-26T12:14:47","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/halifax-withdraws-majority-of-mortgages\/"},"modified":"2020-03-26T20:05:11","modified_gmt":"2020-03-26T13:05:11","slug":"halifax-withdraws-majority-of-mortgages","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/halifax-withdraws-majority-of-mortgages\/","title":{"rendered":"Halifax withdraws majority of mortgages"},"content":{"rendered":"


\nLender flooded with requests for payment holidays while valuers unable to inspect properties due to coronavirusCoronavirus \u2013 latest updatesSee all our coronavirus coverageHalifax, the UK\u2019s biggest mortgage lender, has withdrawn the majority of its mortgage range, including all first-time buyer loans, citing a lack of \u201cprocessing resource\u201d.In a message sent to mortgage brokers this morning, Halifax said it would no longer offer any mortgages with a \u201cloan-to-value\u201d (LTV) of more than 60%. In other words, only buyers able to put down a 40% deposit will qualify for a loan. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Halifax withdraws majority of mortgages<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Lender flooded with requests for payment holidays while valuers unable to inspect properties due to...<\/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-115168","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-tXy","jetpack-related-posts":[{"id":82975,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-are-now-the-most-affordable-since-the-mid-1990s-says-halifax\/","url_meta":{"origin":115168,"position":0},"title":"Mortgages are now the most affordable since the mid-1990s, says Halifax","date":"March 17, 2018","format":false,"excerpt":"\r Research shows just 29% of UK homeowners\u2019 disposable income is being eaten up by home loan paymentsThe proportion of homeowners\u2019 income being swallowed up by mortgage payments is now one of the smallest since the mid-1990s, according to the Halifax. It said typical mortgage payments accounted for less than\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138238,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-annual-rate-since-2011-says-halifax\/","url_meta":{"origin":115168,"position":1},"title":"UK house prices fall at fastest annual rate since 2011, says Halifax","date":"July 7, 2023","format":false,"excerpt":"\r Average price of property drops by 2.6% year on year in June as mortgage rates climbBusiness live \u2013 latest updatesUK house prices experienced their biggest annual fall in 12 years, according to Halifax, the latest sign that soaring interest rates on mortgages is bringing a halt to the housing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12034,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/halifax-raises-mortgage-borrowing-age-limit-to-80\/","url_meta":{"origin":115168,"position":2},"title":"Halifax raises mortgage borrowing age limit to 80","date":"May 6, 2016","format":false,"excerpt":"\r UK\u2019s biggest mortgage lender\u2019s move is part of trend for lenders to loan money to older people, some as old as 89Halifax has raised its age limit for mortgage borrowers by five years to 80 in a further sign of the financial pressure on homeowners as property prices continue\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121316,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/halifax-latest-to-slash-mortgage-rate-amid-flurry-of-rate-cutting\/","url_meta":{"origin":115168,"position":3},"title":"Halifax latest to slash mortgage rate amid flurry of rate cutting","date":"August 8, 2021","format":false,"excerpt":"\r Mortgage lender launches deal at 0.83% for those wishing to take out loan worth up to 60% of home valueHalifax has fired the latest salvo in the price war between mortgage lenders with the launch of a two-year fixed-rate deal priced at 0.83%.The announcement of the ultra-low rate, which\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12184,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-raises-mortgage-borrowing-age-limit-to-85\/","url_meta":{"origin":115168,"position":4},"title":"Nationwide raises mortgage borrowing age limit to 85","date":"May 9, 2016","format":false,"excerpt":"\r The last age at which the society will grant a mortgage is 80 years old, to run for five yearsNationwide is to raise the maximum age limit for its mortgages from 75 to 85, the highest of any major lender, in a change of policy that it says reflects\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-for-third-month-in-a-row-to-near-record-high\/","url_meta":{"origin":115168,"position":5},"title":"UK house prices rise for third month in a row to near record high","date":"October 7, 2024","format":false,"excerpt":"\r Halifax says rising pay and falling interest rates help make mortgages more affordable for some homebuyersBusiness live \u2013 latest updatesUK house prices climbed for the third month in a row in September to about \u00a3200 short of a record high as rising worker pay and falling interest rates helped\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\/115168"}],"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=115168"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115168\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}