{"id":11970,"date":"2014-04-25T17:22:16","date_gmt":"2014-04-25T10:22:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/tougher-mortgage-rules-come-into-force\/"},"modified":"2016-05-04T22:17:06","modified_gmt":"2016-05-04T15:17:06","slug":"tougher-mortgage-rules-come-into-force","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tougher-mortgage-rules-come-into-force\/","title":{"rendered":"Tougher mortgage rules come into force"},"content":{"rendered":"


\nLenders will have to carry out detailed checks on a borrower’s spending and stress-test ability to pay if interest rates go upHomebuyers and remortgagors will face tougher checks before being granted a mortgage under new rules for lenders that come into force on 26 April.The changes, which follow the City regulator’s mortgage market review (MMR), will see would-be borrowers asked to give more detail about their spending when they apply for a home loan. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Tougher mortgage rules come into force<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Lenders will have to carry out detailed checks on a borrower’s spending and stress-test ability...<\/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-11970","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\/p75ss1-374","jetpack-related-posts":[{"id":2118,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-you-a-mortgage-misfit\/","url_meta":{"origin":11970,"position":0},"title":"Are you a mortgage misfit?","date":"March 14, 2015","format":false,"excerpt":"\r Tougher rules mean a growing number of borrowers are finding it hard to get a mortgage. But there are options for those who no longer fit lenders\u2019 criteriaAre you over 45? Self-employed? Divorced and remortgaging late in life? Got your eye on a great ex-council house? Or like the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10960,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-squeeze-tougher-lending-rules-tipped\/","url_meta":{"origin":11970,"position":1},"title":"Mortgage squeeze: tougher lending rules tipped","date":"April 20, 2016","format":false,"excerpt":"\r The Reserve Bank could expand mortgage lending restrictions or take even more radical measures in an effort to head off the housing boom as it rolls down the country, economists say.This could see deposit requirements lifted for...\r \r Source : nzherald.co.nz\/Property\r Read more...Mortgage squeeze: tougher lending rules tipped","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67142,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/large-buy-to-let-landlords-braced-for-tougher-mortgage-rules\/","url_meta":{"origin":11970,"position":2},"title":"Large buy-to-let landlords braced for tougher mortgage rules","date":"September 22, 2017","format":false,"excerpt":"\r Banks will assess the viability of portfolios not single properties before lending\r \r Source : ft.com\r Read more...Large buy-to-let landlords braced for tougher mortgage rules","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6642,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/need-a-mortgage-new-rules-mean-youll-have-to-ditch-all-those-little-extras\/","url_meta":{"origin":11970,"position":3},"title":"Need a mortgage? New rules mean you'll have to ditch all those little extras","date":"April 12, 2014","format":false,"excerpt":"\r The Mortgage Market Review, which comes into force on 26\u00a0April, means lenders will have to check every tiny detail of your finances down to the last purchase of an appThinking of taking out a mortgage in the next few months? Then start living like a monk now. Home loan\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82915,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lenders-taking-increasing-risks-warns-bank-of-england\/","url_meta":{"origin":11970,"position":4},"title":"Mortgage lenders taking increasing risks, warns Bank of England","date":"March 16, 2018","format":false,"excerpt":"\r Threadneedle Street puts banks on notice as it prepares for annual stress test of resilienceThe Bank of England has warned high street banks are taking increasing risks selling mortgages and commercial loans that could threaten the stability of the financial system if left unchecked. Threadneedle Street put banks on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4732,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/women-warned-to-beware-pregnancy-pitfalls-when-applying-for-a-mortgage\/","url_meta":{"origin":11970,"position":5},"title":"Women warned to beware pregnancy pitfalls when applying for a mortgage","date":"November 22, 2015","format":false,"excerpt":"\r New affordability rules mean some firms will ask questions about changes in incomeNew parents who apply for mortgages from some of the biggest lenders are being asked to prove that they are going back to work before their income can be included in affordability checks.Questions posed by the Observer\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\/11970"}],"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=11970"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/11970\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=11970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=11970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=11970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}