{"id":129990,"date":"2022-09-27T01:22:10","date_gmt":"2022-09-26T18:22:10","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-uk-lenders-temporarily-pull-new-mortgage-deals-amid-volatile-market\/"},"modified":"2022-09-27T01:39:20","modified_gmt":"2022-09-26T18:39:20","slug":"two-uk-lenders-temporarily-pull-new-mortgage-deals-amid-volatile-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-uk-lenders-temporarily-pull-new-mortgage-deals-amid-volatile-market\/","title":{"rendered":"Two UK lenders temporarily pull new mortgage deals amid volatile market"},"content":{"rendered":"


\nVirgin Money and Skipton Building Society withdraw deals for new customers as drop in pound leaves banks unable to price productsUK lenders Virgin Money and Skipton Building Society temporarily withdrew mortgage deals for new customers on Monday, reacting to financial market volatility prompted by the government\u2019s mini-budget.Lenders were struggling to accurately price their products, after the pound fell to new lows and sent the interest rate on government debts to a 12-year high, in what brokers predicted is just the start of a major shift in the UK mortgage market. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Two UK lenders temporarily pull new mortgage deals amid volatile market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Virgin Money and Skipton Building Society withdraw deals for new customers as drop in pound...<\/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-129990","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-xOC","jetpack-related-posts":[{"id":143855,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leading-uk-lenders-raise-fixed-rate-mortgage-deals-amid-market-uncertainty\/","url_meta":{"origin":129990,"position":0},"title":"Leading UK lenders raise fixed-rate mortgage deals amid \u2018market uncertainty\u2019","date":"April 23, 2024","format":false,"excerpt":"\r Borrowers urged not to panic as banks including Barclays, NatWest and HSBC readjust cost of loansAt least five leading lenders increased rates on their fixed mortgage deals on Tuesday in response to \u201cmarket uncertainty\u201d, adding to pressure on homebuyers and those looking to remortgage.Barclays, HSBC, NatWest, Accord Mortgages (part\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4732,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/women-warned-to-beware-pregnancy-pitfalls-when-applying-for-a-mortgage\/","url_meta":{"origin":129990,"position":1},"title":"Women warned to beware pregnancy pitfalls when applying for a mortgage","date":"November 22, 2015","format":false,"excerpt":"\r New affordability rules mean some firms will ask questions about changes in incomeNew parents who apply for mortgages from some of the biggest lenders are being asked to prove that they are going back to work before their income can be included in affordability checks.Questions posed by the Observer\u2026","rel":"","context":"In "Property News"","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":129990,"position":2},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/natwest-and-virgin-money-cut-rates-as-mortgage-price-war-spreads\/","url_meta":{"origin":129990,"position":3},"title":"NatWest and Virgin Money cut rates as mortgage \u2018price war\u2019 spreads","date":"August 11, 2023","format":false,"excerpt":"\r Big lenders become latest to reduce borrowing costs, joining four other UK home loan providers this weekNatWest and Virgin Money have become the latest big lenders to slash rates on their fixed mortgage deals, prompting claims that a full-scale home loans \u201cprice war\u201d has broken out.The moves come after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130493,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lenders-halt-mortgage-deals-to-customers-after-market-chaos\/","url_meta":{"origin":129990,"position":4},"title":"UK lenders halt mortgage deals to customers after market chaos","date":"September 27, 2022","format":false,"excerpt":"\r The changing market conditions has led some lenders to change their product offerings.\r \r Source : cnbc.com\r Read more...UK lenders halt mortgage deals to customers after market chaos","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130030,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-predicted-to-drop-by-at-least-10-in-2023\/","url_meta":{"origin":129990,"position":5},"title":"UK house prices predicted to drop by at least 10% in 2023","date":"September 28, 2022","format":false,"excerpt":"\r As lenders pull mortgage products amid interest rate turmoil, experts forecast \u2018significant fall\u2019 House prices are likely to fall by at least 10% next year as mortgage providers pull deals and raise interest payments to levels not seen since before the 2008 financial crisis, property experts have predicted.Nearly 300\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\/129990"}],"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=129990"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129990\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=129990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=129990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=129990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}