{"id":119536,"date":"2020-12-15T11:00:17","date_gmt":"2020-12-15T04:00:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/planning-to-apply-for-a-uk-mortgage-watch-your-spending-and-choose-property-wisely\/"},"modified":"2020-12-15T12:04:27","modified_gmt":"2020-12-15T05:04:27","slug":"planning-to-apply-for-a-uk-mortgage-watch-your-spending-and-choose-property-wisely","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/planning-to-apply-for-a-uk-mortgage-watch-your-spending-and-choose-property-wisely\/","title":{"rendered":"Planning to apply for a UK mortgage? Watch your spending and choose property wisely"},"content":{"rendered":"


\nHongkongers have been busy aggressively snapping up homes in the United Kingdom ahead of a January 2021 application process that is expected to give the green light to British citizenship for them. Their favourite destinations have been the cities of London, Manchester and Birmingham.To fund these home purchases, most buyers rely on refinancing their Hong Kong homes for down payments, and then rely on a UK mortgage to finance the rest. In this article, I will offer some recommendations based on\u2026
\n
\nSource : South China Morning Post
\nRead more…Planning to apply for a UK mortgage? Watch your spending and choose property wisely<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hongkongers have been busy aggressively snapping up homes in the United Kingdom ahead of a...<\/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-119536","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-v60","jetpack-related-posts":[{"id":50071,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-approvals-fall-as-uk-consumers-rely-on-credit-to-keep-spending\/","url_meta":{"origin":119536,"position":0},"title":"Mortgage approvals fall as UK consumers rely on credit to keep spending","date":"March 29, 2017","format":false,"excerpt":"\r Bank of England figures for February show first fall in approvals in six months but credit card lending hits 11-year high Mortgage approvals fell for the first time in six months in February and consumers became more reliant on their credit cards to keep spending, according to the Bank\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116557,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunak-planning-to-extend-uk-mortgage-relief-scheme\/","url_meta":{"origin":119536,"position":1},"title":"Sunak planning to extend UK mortgage relief scheme","date":"May 21, 2020","format":false,"excerpt":"\r Chancellor said to be in discussion about how to continue helping borrowersCoronavirus \u2013 latest updatesSee all our coronavirus coverageRishi Sunak is drawing up plans to extend the mortgage relief scheme beyond the end of June as many businesses remain unable to reopen, Whitehall sources have confirmed.The Financial Times reported\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76302,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/do-you-need-uk-citizenship-to-get-a-mortgage\/","url_meta":{"origin":119536,"position":2},"title":"Do you need UK citizenship to get a mortgage?","date":"January 26, 2005","format":false,"excerpt":"\r Q I am a UK citizen and my wife is a Filipino citizen who is on a spouse visa which allows her to live and work in the UK. Currently this visa is scheduled for one more year, at which point it can be renewed for a further two.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-buyers-in-uk-drop-by-a-fifth-as-higher-mortgage-costs-bite\/","url_meta":{"origin":119536,"position":3},"title":"First-time buyers in UK drop by a fifth as higher mortgage costs bite","date":"September 27, 2023","format":false,"excerpt":"\r Lender says homes needing renovation are most in demand as people seek cheaper propertiesThe number of first-time buyers in the UK has fallen by more than a fifth, while homes in need of renovation are most in demand as buyers look for cheaper properties, in the latest evidence that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114962,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-set-out-details-of-covid-19-mortgage-holidays\/","url_meta":{"origin":119536,"position":4},"title":"UK banks set out details of Covid-19 mortgage holidays","date":"March 18, 2020","format":false,"excerpt":"\r Households 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120658,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/getting-mortgage-pre-approval-to-ensure-a-safe-landing-on-your-dream-home-in-the-uk\/","url_meta":{"origin":119536,"position":5},"title":"Getting mortgage pre-approval to ensure a safe landing on your dream home in the UK","date":"May 18, 2021","format":false,"excerpt":"\r Hongkongers have emerged as among the most aggressive buyers of UK property, snapping up more than \u00a3305.6 million (US$430 million) of prime London homes in 2020. This trend is expected to continue under a new wave of emigration, as BN(O) passport holders are allowed to live in the UK\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\/119536"}],"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=119536"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119536\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}