{"id":115612,"date":"2020-04-14T20:44:09","date_gmt":"2020-04-14T13:44:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lenders-to-grant-1-2m-mortgage-deferments\/"},"modified":"2020-04-14T21:12:39","modified_gmt":"2020-04-14T14:12:39","slug":"uk-lenders-to-grant-1-2m-mortgage-deferments","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lenders-to-grant-1-2m-mortgage-deferments\/","title":{"rendered":"UK lenders to grant 1.2m mortgage deferments"},"content":{"rendered":"<p>&#013;<br \/>\nOne 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 have their mortgage payments and interest deferred for up to three months to help cope with a loss of income during the crisis. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/uk-news\/2020\/apr\/14\/lenders-in-uk-grant-12m-mortgage-deferments\" target=\"_blank\">UK lenders to grant 1.2m mortgage deferments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; One in nine households get payment holiday for up to three months amid Covid-19Coronavirus \u2013&#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-115612","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-u4I","jetpack-related-posts":[{"id":115664,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/have-you-deferred-paying-your-mortgage-or-credit-card-debts\/","url_meta":{"origin":115612,"position":0},"title":"Have you deferred paying your mortgage or credit card debts?","date":"April 16, 2020","format":false,"excerpt":"\r One in nine households is taking a mortgage holiday. If you are among that number and have concerns, let us knowWhen the coronavirus crisis hit, lenders in the UK were told to help their customers by allowing them to suspend payments of mortgages, credit cards and personal loans for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50267,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/richest-10-of-uk-households-own-40-of-wealth-ons-says\/","url_meta":{"origin":115612,"position":1},"title":"Richest 10% of UK households own 40% of wealth, ONS says","date":"December 3, 2012","format":false,"excerpt":"\r Top 10% of households are 850 times wealthier than the bottom, a report by the Office for National Statistics revealsThe bottom 50% of households in Britain have just \u00a34,400 of cash, property and pensions compared to the \u00a31.2m held by the top 10%, according to an Office for National\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146618,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lenders-slash-mortgages-as-bank-of-england-rate-cut-brings-relief-to-homeowners\/","url_meta":{"origin":115612,"position":2},"title":"UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners","date":"August 2, 2024","format":false,"excerpt":"\r UK lenders have begun slashing their mortgage rates in a sign that financial pressure on households may be easing after the Bank of England cut interest rates\r \r Source : cnbc.com\r Read more...UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137795,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jeremy-hunt-meets-uks-biggest-lenders-in-effort-to-quell-mortgage-crisis\/","url_meta":{"origin":115612,"position":3},"title":"Jeremy Hunt meets UK\u2019s biggest lenders in effort to quell mortgage crisis","date":"June 23, 2023","format":false,"excerpt":"\r Hopes of banks and building societies giving extra help to households after interest rate riseBusiness live \u2013 latest updatesJeremy Hunt is meeting with the leaders of Britain\u2019s biggest lenders in Downing Street on Friday in an attempt to quell the growing crisis in the mortgage market sparked by rapidly\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140912,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-face-19bn-rise-in-mortgage-costs-as-fixed-rate-deals-expire\/","url_meta":{"origin":115612,"position":4},"title":"Homeowners face \u00a319bn rise in mortgage costs as fixed-rate deals expire","date":"January 4, 2024","format":false,"excerpt":"\r As many as 1.5m households are expected to face a mortgage payment hike this year as their fixed-rate deals come to an end\u2018Sleepless nights\u2019: UK homeowners fear impact of 2024 mortgage timebombHomeowners are facing a \u00a319bn surge in mortgage costs as millions more fixed-rate deals expire and borrowers are\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137809,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-pressures-will-not-tip-uk-into-wave-of-repossessions-fca-says\/","url_meta":{"origin":115612,"position":5},"title":"Mortgage pressures will not tip UK into wave of repossessions, FCA says","date":"June 23, 2023","format":false,"excerpt":"\r After a meeting between Jeremy Hunt and bankers at No 10, Nikhil Rathi says there will be \u2018no repeat\u2019 of 2008Mounting mortgage pressures will not tip Britain into the tidal waves of repossessions witnessed in recent financial crises, the head of the City watchdog insisted after an emergency meeting\u2026","rel":"","context":"In &quot;Property 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