{"id":127972,"date":"2022-07-25T19:09:58","date_gmt":"2022-07-25T12:09:58","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-been-tough-uk-mortgage-brokers-chase-deals-as-interest-rates-soar\/"},"modified":"2022-07-25T19:37:35","modified_gmt":"2022-07-25T12:37:35","slug":"its-been-tough-uk-mortgage-brokers-chase-deals-as-interest-rates-soar","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-been-tough-uk-mortgage-brokers-chase-deals-as-interest-rates-soar\/","title":{"rendered":"\u2018It\u2019s been tough\u2019: UK mortgage brokers chase deals as interest rates soar"},"content":{"rendered":"<p>&#013;<br \/>\nAdvisers and banks struggle with demand as buyers chase dwindling number of low-rate mortgagesChris Sykes admits he has spent one too many late nights glued to the screens in his lounge-turned-home office in east London.Efforts to secure favourable mortgages have resulted in considerable overtime for mortgage brokers like Sykes, who has been chasing a dwindling number of low-rate deals for clients this year. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2022\/jul\/25\/uk-mortgage-brokers-deals-interest-rates-banks-low-rate-inflation\" target=\"_blank\" rel=\"noopener\">\u2018It\u2019s been tough\u2019: UK mortgage brokers chase deals as interest rates soar<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Advisers and banks struggle with demand as buyers chase dwindling number of low-rate mortgagesChris Sykes&#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-127972","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-xi4","jetpack-related-posts":[{"id":148198,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-rates-creep-up-as-brokers-warn-of-possible-further-pain\/","url_meta":{"origin":127972,"position":0},"title":"UK mortgage rates creep up as brokers warn of possible \u2018further pain\u2019","date":"November 18, 2024","format":false,"excerpt":"\r Concerns interest rates will stay higher for longer if official data on Wednesday shows inflation is back above 2% targetThe average cost of a new fixed-rate mortgage is continuing to creep up, data shows, as brokers warn that borrower could face \u201cfurther pain\u201d if the latest inflation data out\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63204,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/extraordinary-interest-rates-on-10-year-fixed-rate-mortgage-deals\/","url_meta":{"origin":127972,"position":1},"title":"\u2018Extraordinary\u2019 interest rates on 10-year fixed-rate mortgage deals","date":"November 2, 2014","format":false,"excerpt":"\r Is a decade too long to tie yourself into a mortgage? Just watch out for early repayment charges, brokers warnTen years \u2026 it that too long to tie yourself into a mortgage deal? Lenders don\u2019t seem to think so and have started to launch decade-long fixed-rate deals with \u201cextraordinary\u201d\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137131,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-and-first-time-buyers-warned-to-brace-for-5-plus-mortgage-rates\/","url_meta":{"origin":127972,"position":2},"title":"UK homeowners and first-time buyers warned to brace for 5%-plus mortgage rates","date":"May 25, 2023","format":false,"excerpt":"\r Lenders forced to raise fixed-term deals after latest inflation figure pushed swap rates upwardsHouseholds looking for a new mortgage deal have been warned to expect 5%-plus fixed-rate deals in the coming weeks, after Wednesday\u2019s inflation figures sent the money markets back into turmoil.Nick Mendes, mortgage technical manager at brokers\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137338,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-turmoil-continues-as-santander-pulls-deals-for-new-borrowers\/","url_meta":{"origin":127972,"position":3},"title":"UK mortgage turmoil continues as Santander pulls deals for new borrowers","date":"June 12, 2023","format":false,"excerpt":"\r Move follows decision by HSBC and applies to brokers and online applications as lenders hike fixed ratesSantander is the latest major bank to announce it is temporarily pulling its mortgage deals for new borrowers off sale as the turmoil in the home loans market shows no signs of abating.Days\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70290,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/british-homeowners-scramble-to-remortgage-as-interest-rate-rise-looms\/","url_meta":{"origin":127972,"position":4},"title":"British homeowners scramble to remortgage as interest rate rise looms","date":"October 28, 2017","format":false,"excerpt":"\r Rush for dwindling supply of fixed-rate deals as Bank of England is expected to increase base rate this weekHouseholders have been scrambling to grab fixed-rate mortgages before Thursday\u2019s expected interest rate rise, which would lead to the first increase in monthly loan payments in a decade.Staff at the big\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139247,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lenders-including-natwest-cut-rates-after-surprise-inflation-drop\/","url_meta":{"origin":127972,"position":5},"title":"Mortgage lenders including NatWest cut rates after surprise inflation drop","date":"September 21, 2023","format":false,"excerpt":"\r Brokers expect more home loan reductions with offerings at lowest prices for several monthsLeading lenders including NatWest have cut their mortgage rates after an unexpected fall in UK inflation, and brokers are predicting that others will follow suit over the coming days.Banks and financial firms have announced a fresh\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\/127972"}],"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=127972"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/127972\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=127972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=127972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=127972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}