{"id":123849,"date":"2021-12-16T19:49:28","date_gmt":"2021-12-16T12:49:28","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-the-interest-rate-rise-means-for-your-mortgage-debt-and-savings\/"},"modified":"2021-12-16T20:12:26","modified_gmt":"2021-12-16T13:12:26","slug":"what-the-interest-rate-rise-means-for-your-mortgage-debt-and-savings","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-the-interest-rate-rise-means-for-your-mortgage-debt-and-savings\/","title":{"rendered":"What the interest rate rise means for your mortgage, debt and savings"},"content":{"rendered":"


\nThe lowdown on how the Bank of England decision will affect borrowers and saversThe Bank of England has increased interest rates to 0.25% from the historical low of 0.1% in an attempt to tackle rising inflation in the UK, but what does that mean for the public? Continue reading…
\n
\nSource : theguardian.com
\nRead more…What the interest rate rise means for your mortgage, debt and savings<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The lowdown on how the Bank of England decision will affect borrowers and saversThe Bank...<\/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-123849","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-wdz","jetpack-related-posts":[{"id":95265,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-will-interest-rate-rise-affect-mortgages-savings-and-property\/","url_meta":{"origin":123849,"position":0},"title":"How will interest rate rise affect mortgages, savings and property?","date":"August 2, 2018","format":false,"excerpt":"\r Impact of Bank of England\u2019s decision to lift base rate for only second time in a decadeThe Bank of England on Thursday raised its base rate for only the second time in a decade, inching it up from 0.5% to 0.75%. What impact will it have on your mortgage,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137420,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millions-are-facing-soaring-mortgage-rates-how-did-we-leave-them-so-vulnerable-will-hutton\/","url_meta":{"origin":123849,"position":1},"title":"Millions are facing soaring mortgage rates. How did we leave them so vulnerable? | Will Hutton","date":"June 18, 2023","format":false,"excerpt":"\r Homeowners in Britain are especially at risk because of a shortage of long-term loans. The sooner the Bank of England acts to fix this the betterThere is a cross-party consensus that Britain as a property-owning democracy should promote home ownership. To that end, 7.5 million people hold a record\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148028,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/does-the-bank-of-englands-interest-rate-cut-mean-lower-mortgage-rates\/","url_meta":{"origin":123849,"position":2},"title":"Does the Bank of England\u2019s interest rate cut mean lower mortgage rates?","date":"November 7, 2024","format":false,"excerpt":"\r What the decision means for homeowners \u2013 and the implications for savings, loans and credit cardsBank of England cuts interest rates to 4.75%The Bank of England has cut the cost of borrowing, reducing headline interest rates from 5% to 4.75% \u2013 a move that was widely anticipated. It is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78849,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/watch-out-interest-rates-will-rise-at-the-end-of-february\/","url_meta":{"origin":123849,"position":3},"title":"Watch out: interest rates will rise at the end of February","date":"February 3, 2018","format":false,"excerpt":"\r If you\u2019re planning to remortgage, do it now \u2013 a little-known change could push up ratesThere\u2019s going to be an interest rate rise on 28 February. In just a few weeks you are going to see about 0.25% added to mortgage and savings rates. But you won\u2019t see a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80977,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rate-rise-of-1-would-cost-average-uk-homeowner-930-a-year\/","url_meta":{"origin":123849,"position":4},"title":"Interest rate rise of 1% would cost average UK homeowner \u00a3930 a year","date":"February 26, 2018","format":false,"excerpt":"\r A Bank of England rate change would add \u00a310bn to UK mortgage bill, Savills saysA 1% rise in interest rates would add around \u00a310bn to the UK\u2019s mortgage bill, according to analysis from estate agent Savills. The increase would equate to adding \u00a3930 a year to the cost of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70482,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-to-pass-on-interest-rate-rise-to-mortgage-customers\/","url_meta":{"origin":123849,"position":5},"title":"Nationwide to pass on interest rate rise to mortgage customers","date":"October 31, 2017","format":false,"excerpt":"\r People on the building society\u2019s variable rates would see a 0.25% increase in their monthly bill, if the Bank raises the base rate to 0.5%Nationwide has paved the way for an across-the-board increase in mortgage costs by announcing that a 0.25% interest rate rise would be passed on in\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\/123849"}],"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=123849"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123849\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}