{"id":116159,"date":"2020-05-08T13:00:20","date_gmt":"2020-05-08T06:00:20","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-need-a-coronavirus-mortgage-strategy-as-well-as-an-exit-one\/"},"modified":"2020-05-08T13:03:12","modified_gmt":"2020-05-08T06:03:12","slug":"we-need-a-coronavirus-mortgage-strategy-as-well-as-an-exit-one","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-need-a-coronavirus-mortgage-strategy-as-well-as-an-exit-one\/","title":{"rendered":"We need a coronavirus mortgage strategy as well as an exit one"},"content":{"rendered":"


\nFrom payment holiday extensions to a better welfare net, here are a few ideas for governmentCurrently 1.6 million homeowners are not paying their mortgages after taking a \u201cpayment holiday\u201d at the start of the coronavirus crisis. But the three-month break from payments \u2013 typically worth \u00a3755 a month \u2013 will come to an end much sooner than this crisis. What next?Boris Johnson will set out Britain\u2019s lockdown exit strategy this weekend. We\u2019re told its sunbathing and picnics straightaway, maybe schools and cafes opening by the end of June, and pubs and restaurants by the end of August \u2013 so long as social distancing is maintained. Try choreographing that in a Friday night bar. Continue reading…
\n
\nSource : theguardian.com
\nRead more…We need a coronavirus mortgage strategy as well as an exit one<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

From payment holiday extensions to a better welfare net, here are a few ideas for...<\/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-116159","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-udx","jetpack-related-posts":[{"id":116603,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-payment-holiday-extended-by-three-months\/","url_meta":{"origin":116159,"position":0},"title":"UK mortgage payment holiday extended by three months","date":"May 22, 2020","format":false,"excerpt":"\r Treasury also extends ban on home repossessions to 31 October amid Covid-19 crisisCoronavirus \u2013 latest updatesSee all our coronavirus coverageThe government has extended its mortgage payment holiday scheme by three months and the ban on home repossessions until the end of October.More than 1.8 million homeowners have taken a\u2026","rel":"","context":"In "Property News"","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":116159,"position":1},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115020,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-holders-struggle-to-contact-banks-for-payment-holiday\/","url_meta":{"origin":116159,"position":2},"title":"Mortgage holders struggle to contact banks for payment holiday","date":"March 20, 2020","format":false,"excerpt":"\r Customers who spent more than three hours waiting ask why online forms are not availableMortgage holders clamouring to obtain a \u201cpayment holiday\u201d during the coronavirus crisis are waiting hours to get through to Britain\u2019s banks, and many have given up.Twitter has been deluged with complaints from customers unable to\u2026","rel":"","context":"In "Property News"","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":116159,"position":3},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115332,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-effect-could-be-far-deeper-than-the-subprime-crisis-says-mortgage-company-ceo\/","url_meta":{"origin":116159,"position":4},"title":"Coronavirus effect could be 'far deeper than the subprime crisis,' says mortgage company CEO","date":"April 1, 2020","format":false,"excerpt":"\r For most mortgage borrowers, the first of the month is payment day. This month,on however, is a very different story. Millions of borrowers have either lost jobs or income, and are suddenly struggling to make those monthly payments.\r \r Source : cnbc.com\r Read more...Coronavirus effect could be 'far deeper\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115612,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lenders-to-grant-1-2m-mortgage-deferments\/","url_meta":{"origin":116159,"position":5},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/116159"}],"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=116159"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/116159\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=116159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=116159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=116159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}