{"id":127661,"date":"2022-07-11T22:37:00","date_gmt":"2022-07-11T15:37:00","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-svr-mortgage-paid-in-uk-tops-5-for-first-time-since-2009\/"},"modified":"2022-07-11T22:52:03","modified_gmt":"2022-07-11T15:52:03","slug":"average-svr-mortgage-paid-in-uk-tops-5-for-first-time-since-2009","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-svr-mortgage-paid-in-uk-tops-5-for-first-time-since-2009\/","title":{"rendered":"Average SVR mortgage paid in UK tops 5% for first time since 2009"},"content":{"rendered":"<p>&#013;<br \/>\nTypical amount borrowers pay rises to highest level in 13 years at 5.06% after successive interest rate risesThe average standard variable rate paid by UK mortgage borrowers has topped 5% for the first time in more than 13 years, piling more pressure on households.The financial data provider Moneyfacts said the typical SVR rose to 5.06% at the start of July and is at the highest level since January 2009, when it stood at 5.14%. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2022\/jul\/11\/average-svr-mortgage-paid-uk-borrowers-tops-5-per-cent\" target=\"_blank\" rel=\"noopener\">Average SVR mortgage paid in UK tops 5% for first time since 2009<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Typical amount borrowers pay rises to highest level in 13 years at 5.06% after successive&#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-127661","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-xd3","jetpack-related-posts":[{"id":127092,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-svr-paid-by-uk-mortgage-borrowers-hits-highest-level-in-13-years\/","url_meta":{"origin":127661,"position":0},"title":"Average SVR paid by UK mortgage borrowers hits highest level in 13 years","date":"June 20, 2022","format":false,"excerpt":"\r Standard variable rate reached 4.91% at the start June \u2013 before last week\u2019s rise in base rate by the Bank of EnglandThe average standard variable rate paid by UK mortgage borrowers reached its highest level in 13 years this month, it was revealed on Monday, and last week\u2019s increase\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137058,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgages-time-to-switch-and-fix-to-save-up-to-400-a-month\/","url_meta":{"origin":127661,"position":1},"title":"UK mortgages: time to switch and fix to save up to \u00a3400 a month","date":"May 20, 2023","format":false,"excerpt":"\r Average SVR at highest level for more than 15 years as number of home loan products available jumpThe average standard variable rate (SVR) for mortgages has climbed to its highest level for more than 15 years, so many people sitting on one of these could save several hundred pounds\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21979,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lenders-urged-to-pass-on-interest-rate-cut-to-borrowers\/","url_meta":{"origin":127661,"position":2},"title":"Lenders urged to pass on interest rate cut to borrowers","date":"August 4, 2016","format":false,"excerpt":"\r Bailed-out banks NatWest and Lloyds appear reticent to cut SVR rates despite warning from Bank of England governor Mark CarneyLenders have been told that they have \u201cno excuse\u201d not to pass on the Bank of England\u2019s base rate cut to borrowers \u2013 although the two bailed-out banks said they\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120834,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/im-paying-off-the-mortgage-on-my-flat-whats-the-best-way-to-buy-a-house\/","url_meta":{"origin":127661,"position":3},"title":"I\u2019m paying off the mortgage on my flat \u2013 what\u2019s the best way to buy a house?","date":"June 7, 2021","format":false,"excerpt":"\r I\u2019m wondering if I should sell my current property, or try to keep it to bring in rental income Q I bought my flat with a mortgage about six years ago, scraping my way in as a first-time buyer just before any of the government\u2019s help-to-buy schemes were available.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145435,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-of-first-time-buyer-tops-1000-a-month-as-house-prices-and-rates-rise\/","url_meta":{"origin":127661,"position":4},"title":"Mortgage of first-time buyer tops \u00a31,000 a month as house prices and rates rise","date":"June 24, 2024","format":false,"excerpt":"\r Average monthly payment has risen by 61% since 2019, pushing borrowers into smaller homes or ultra-long loansThe monthly mortgage of a first-time buyer has soared by more than 60% to exceed \u00a31,000 a month since the last general election, according to figures that underline the financial challenge facing Britons\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131745,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-five-year-mortgage-rate-less-than-6-for-first-time-in-seven-weeks\/","url_meta":{"origin":127661,"position":5},"title":"Average UK five-year mortgage rate less than 6% for first time in seven weeks","date":"November 22, 2022","format":false,"excerpt":"\r Fixed interest rate deals starting to drop and could \u2018fall further still\u2019, says MoneyfactsThe average rate on a five-year mortgage deal has dropped below 6% for the first time since the disastrous mini-budget two months ago that ended up costing Kwasi Kwarteng his job as chancellor.Moneyfacts, a financial data\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\/127661"}],"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=127661"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/127661\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=127661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=127661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=127661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}