{"id":121751,"date":"2021-08-31T17:22:06","date_gmt":"2021-08-31T10:22:06","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-repay-1-4bn-more-mortgage-debt-in-july-than-they-borrow\/"},"modified":"2021-08-31T18:14:53","modified_gmt":"2021-08-31T11:14:53","slug":"uk-homeowners-repay-1-4bn-more-mortgage-debt-in-july-than-they-borrow","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-repay-1-4bn-more-mortgage-debt-in-july-than-they-borrow\/","title":{"rendered":"UK homeowners repay \u00a31.4bn more mortgage debt in July than they borrow"},"content":{"rendered":"<p>&#013;<br \/>\nTapering of stamp duty holiday in England and Northern Ireland fuels drop in housing market activityUK homeowners made a rare net repayment of mortgage debt in July as the tapering of the stamp duty holiday in England and Northern Ireland fuelled a drop in housing market activity after a record June.The Bank of England said individuals collectively paid back \u00a31.4bn more of mortgage debt than they borrowed, in the first net repayment since the housing market ground to a halt during the first wave of Covid-19 in April 2020. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2021\/aug\/31\/uk-homeowners-mortgage-debt-july-stamp-duty-holiday\" target=\"_blank\" rel=\"noopener\">UK homeowners repay \u00a31.4bn more mortgage debt in July than they borrow<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Tapering of stamp duty holiday in England and Northern Ireland fuels drop in housing market&#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-121751","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-vFJ","jetpack-related-posts":[{"id":7460,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-mortgage-lending-rockets-ahead-of-stamp-duty-rise\/","url_meta":{"origin":121751,"position":0},"title":"Buy-to-let mortgage lending rockets ahead of stamp duty rise","date":"March 10, 2016","format":false,"excerpt":"\r Council of Mortgage Lenders reports 22% rise in number of loans taken out by landlords in January as 1 April hike loomsThe number of buy-to-let mortgages rocketed by 22% in January compared with the same month in 2015, as landlords rushed to beat forthcoming tax changes.Around 9,500 loans were\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121294,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housing-market-cools-as-stamp-duty-holiday-winds-down\/","url_meta":{"origin":121751,"position":1},"title":"UK housing market cools as stamp duty holiday winds down","date":"August 6, 2021","format":false,"excerpt":"\r Prices rose in July but annual rate of increase is down to its lowest level since March, says HalifaxBritain\u2019s biggest mortgage lender has predicted a cooling in Britain\u2019s house price boom after reporting a fall in the annual rate of property inflation.The Halifax said prices rose by 0.4% in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":158335,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-mortgage-affordability-rules-help-uk-housing-market-avoid-summer-lull\/","url_meta":{"origin":121751,"position":2},"title":"New mortgage affordability rules help UK housing market avoid summer lull","date":"July 29, 2025","format":false,"excerpt":"\r Record number of homes for sale has created \u2018buyer\u2019s market\u2019 and kept price rises in check, Zoopla report saysThe typical summer lull in Britain\u2019s housing market has been avoided amid the availability of bigger home loans fuelling a \u201cbuyer\u2019s market\u201d, according to a property website.Despite the signs of a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":152454,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-lending-at-four-year-high-amid-rush-to-avoid-stamp-duty-rise\/","url_meta":{"origin":121751,"position":3},"title":"UK mortgage lending at four-year high amid rush to avoid stamp duty rise","date":"May 1, 2025","format":false,"excerpt":"\r Figures show a 290% rise in mortgage borrowing, but approvals for new home purchases fell for the third monthA rush to get property purchases over the line before last month\u2019s stamp duty rise pushed UK mortgage lending to a four-year high in March, official data shows.Bank of England figures\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-debt-market-sell-off-threatens-to-push-up-mortgage-costs\/","url_meta":{"origin":121751,"position":4},"title":"UK debt market sell-off threatens to push up mortgage costs","date":"January 10, 2025","format":false,"excerpt":"\r About 700,000 homeowners face increase when fixed-rate deals end this yearBusiness live \u2013 latest updatesAbout 700,000 homeowners are facing an increase in mortgage costs when their fixed-rate deals end this year, as a sell-off in the UK government debt market plunges the financial markets into turmoil and threatens to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137242,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-market-lacks-spring-bounce-but-a-crash-is-unlikely-larry-elliott\/","url_meta":{"origin":121751,"position":5},"title":"UK property market lacks spring bounce but a crash is unlikely | Larry Elliott","date":"June 4, 2023","format":false,"excerpt":"\r It\u2019s reasonable to expect a fall in nominal house prices of at least 10%. 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