{"id":123495,"date":"2021-11-29T20:09:26","date_gmt":"2021-11-29T13:09:26","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-at-lowest-level-since-mid-2020\/"},"modified":"2021-11-29T21:05:06","modified_gmt":"2021-11-29T14:05:06","slug":"uk-mortgage-approvals-at-lowest-level-since-mid-2020","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-at-lowest-level-since-mid-2020\/","title":{"rendered":"UK mortgage approvals at lowest level since mid-2020"},"content":{"rendered":"<p>&#013;<br \/>\nBank of England\u2019s October figures follow frenzied few months when stamp duty breaks led to rush to buyThe number of mortgages approved for UK house purchases fell to its lowest level in 16 months in October as the \u201cdistortive effect\u201d of the stamp duty holiday came to an end.Figures from the Bank of England showed that 67,200 new homebuyer mortgages were approved during the month, down from 71,851 and well below the high of 104,547 recorded in November 2020. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2021\/nov\/29\/uk-mortgage-approvals-at-lowest-level-since-mid-2020\" target=\"_blank\" rel=\"noopener\">UK mortgage approvals at lowest level since mid-2020<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Bank of England\u2019s October figures follow frenzied few months when stamp duty breaks led to&#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-123495","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-w7R","jetpack-related-posts":[{"id":72795,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-approvals-in-uk-at-lowest-level-for-13-months\/","url_meta":{"origin":123495,"position":0},"title":"Mortgage approvals in UK at lowest level for 13 months","date":"November 24, 2017","format":false,"excerpt":"\r Bank agreements for homebuyers decline, seen by economists as further sign of British market downturn British banks approved the fewest mortgages for house purchases in more than a year in October, with economists warning the decline could signal the start of a downturn in the UK housing market.Mortgage approvals\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131852,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-for-october-fall-10-after-mini-budget\/","url_meta":{"origin":123495,"position":1},"title":"UK mortgage approvals for October fall 10% after mini-budget","date":"November 29, 2022","format":false,"excerpt":"\r Homebuyers face higher interest costs, as lending figures slump to lowest monthly total since June 2020The chaos in the mortgage market that followed Kwasi Kwarteng\u2019s now infamous mini-budget led to a 10% fall in the number of mortgage approvals during October.According to the latest figures from the Bank of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100464,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-approvals-by-british-banks-fall-to-seven-month-low\/","url_meta":{"origin":123495,"position":2},"title":"Mortgage approvals by British banks fall to seven-month low","date":"October 24, 2018","format":false,"excerpt":"\r Housing market affected by affordability, Brexit and uncertainty over interest rates The number of mortgages approved by Britain\u2019s high street banks fell to a seven-month low in September, a month after the Bank of England raised interest rates.Big British lenders approved 37,352 mortgages for house purchases last month, down\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5714,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-approvals-boosted-by-stamp-duty-change\/","url_meta":{"origin":123495,"position":3},"title":"Mortgage approvals &#039;boosted by stamp duty change&#039;","date":"February 24, 2016","format":false,"excerpt":"\r High street banks report rise in loans for both purchases and remortgages in England and Wales ahead of higher tax on second homesHigh street banks have reported a strong start to the year in the mortgage market, saying buy-to-let investors may be driving some of the growth as they\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75573,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-hit-15-month-low-in-november-says-uk-finance\/","url_meta":{"origin":123495,"position":4},"title":"UK mortgage approvals hit 15-month low in November, says UK Finance","date":"January 2, 2018","format":false,"excerpt":"\r British banks approved the fewest mortgages in 15 months in November, when the Bank of England raised interest rates for the first time in more than a decade, industry figures showed last week. Banks approved 39,507 mortgages for house purchase in November, down from 40,417 in October and 5\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27251,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-approvals-fall-by-a-fifth-says-british-bankers-association\/","url_meta":{"origin":123495,"position":5},"title":"Mortgage approvals fall by a fifth, says British Bankers\u2019 Association","date":"September 26, 2016","format":false,"excerpt":"\r Figures from the BBA show that the number of deals approved for house purchases this August was the lowest figure since January 2015The number of homebuyer mortgages approved by UK banks was down by a fifth year-on-year in August, but consumers\u2019 appetite for unsecured borrowing remained strong, latest figures\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123495"}],"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=123495"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123495\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}